Back in the mists of time there were two principals of the said company, who were commonly referred to as Steve Greed and the other was called Colin Thiefcoat. Colin was the founder. Steve was reputed to have put the "S" in Cabair. It's very old joke I know, but two things remain constant: "many a true word is said in jest" & "leopards don't change their spots".
So sad for all the poor b*st*rds who lost their money/jobs. Regretfully there is not much justice in the world and the top dogs usually come out wealthy and smelling of roses. I'm sure they will go on to do it again, as they know when it is a good thing, so don't be surprised who springs out of the shadows to relieve all of their hard earned!
I remember well the "carve up" when a certain Bournemouth FTO went bust and the erstwhile MD and said "Greed" bought it for a song from the receiver and went on to form EPTA.
Well as the classics declare "Caveat Emptor".