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Politics :
Profits 1st, Safety 2nd? Pt 2
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Richard Haselgrove Send message Joined: 4 Jul 99 Posts: 14676 Credit: 200,643,578 RAC: 874 |
Do I see Switzerland in that list of shame - aren't they landlocked!!!!Either a Rhine barge/cruiser, or a flag of inconvenience. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
Musthava Profit speaks... As we mentioned earlier, the Trump administration has indicated it will not be joining a WHO-backed coalition of 172 countries to share equitably any future vaccines against Covid-19 – and this has got some experts worried. Global vaccine supply fears as US rejects coalition-scroll down for report |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
"By resolving these proceedings, Daimler avoids lengthy court actions with respective legal and financial risks," the company said.Mustn't upset our profits |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30970 Credit: 53,134,872 RAC: 32 |
All kowtow to the all mighty god of profit, the strongest of the seven gods of sin."By resolving these proceedings, Daimler avoids lengthy court actions with respective legal and financial risks," the company said.Mustn't upset our profits |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
Those included payments the firm made to healthcare companies and doctors to encourage prescribing the drugs, which were ultimately paid for by public health programmes.Musthava Profit caught - too late But critics of the plan want to see the company sold and greater effort made to recover money from the Sackler family. Court documents revealed last year that the family had transferred more than $10bn out of the company between 2008 and 2017, as scrutiny of its conduct increased.No worries, we'll give back $3bn. Lovely healthcare the US have. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
Can 50 years be deemed as very old? With South Yorkshire entering tier 3 from Saturday, it seems that South Yorkshire Pension Authority must have read their tealeaves. :-) Covid 19 has impacted our income, so... "They say it's for maintenance, but it's never been maintained since the 70s." |
rob smith Send message Joined: 7 Mar 03 Posts: 22491 Credit: 416,307,556 RAC: 380 |
In terms of bridges it is quite young - near where I live there are quite a few bridges that are well over double that age.... Bob Smith Member of Seti PIPPS (Pluto is a Planet Protest Society) Somewhere in the (un)known Universe? |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
That's what I thought. Been in that area many times while working with Parceline. TBH, the bridge looks familiar but can't recall using it. |
W-K 666 Send message Joined: 18 May 99 Posts: 19355 Credit: 40,757,560 RAC: 67 |
In terms of bridges it is quite young - near where I live there are quite a few bridges that are well over double that age.... You mean like this one, built in 1561/2, |
Richard Haselgrove Send message Joined: 4 Jul 99 Posts: 14676 Credit: 200,643,578 RAC: 874 |
I've just driven home over a canal bridge dating - according to Historic England - around the 1770s. Which is about right, because the canal itself was opened at almost exactly the same time as the USA was declaring independence. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
They "talk the talk, but won't walk the walk". I wonder why not. Sub standard auditing "I don't think it can really be fixed," he says. "As long as accountancy firms are paid by the companies they audit, and they also then throw in a bit of a consultancy, there is a conflict of interest. Nobody's going to bite the hand that feeds them."A very thoughtful statement... Ms Kumari, like many others looking for work in the wake of corporate failure, says the blame of the collapse of BHS should lie with its bosses. But she wonders what auditors knew - or could have asked - about the company's books before the end....Simple answer. No need to look further than the underlined. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30970 Credit: 53,134,872 RAC: 32 |
Audits can be right, or wrong. They can be friendly or adversarial. They can be civil or criminal. They can be normal or forensic. They can be good or bad. One thing however if they are fed garbage, then the result is garbage. In the corporate world, they are friendly, which is the problem you complain about. The auditor assumes that the company being audited is giving them the real books. He isn't looking to see if the board of directors is cheating John Q. Public. After all his audit letter starts: "To the Board of Directors of " The vast amount of audit time is spent trying to find money being stolen from the company. Fake bills. Money coming in but not being recorded. Your traditional embezzlement. What has caught a lot of the big accountancy firms is theft at the board room level. Such as a stack of fake purchase orders from customers. It has been assumed places don't want to pay tax on fake orders. Today however it seems as if they are willing. It gets the board a bonus and they all know the orders are fake but they still pay themselves. Then of course the orders get canceled. Might also be used to get a bank loan. Or con investors into buying stock or bonds. But until recently the assumption was the Board was being honest in what they turned over for audit and then internal controls would catch a rouge sales person trying this for a big commission. Not wholesale deception at the board level. The books where I work are audited every year. Could they miss something? Yes, but not something "material." Now what the heck is "material." Not material is someone taking home a pen that belongs to the company. Material is someone taking home 100G. Perhaps your side of the pond might look into https://en.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act and adopt what you need. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
I know that the sport is not everyone's cup of tea, but it has been a community sport & from the looks of it, it still is. A kick in the teeth for the profit lovers BT Sport and Sky Sports reportedly want the pay-per-view model to be scrapped because of concerns about the damage it is doing to their reputation.ROFLMAO |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
"You are not of positive good character. Your offending occurs against a backdrop of successive bankruptcies," he said.hmm... ..wonder could this be the reason why Trump is so hell bent on staying in the White House? Formerr BHS owner jailed for tax evasion Meanwhile... A rare victory for common sense |
Richard Haselgrove Send message Joined: 4 Jul 99 Posts: 14676 Credit: 200,643,578 RAC: 874 |
A lengthy and thoughtful review of the evidence so far to the Grenfell Tower public inquiry, by a BBC correspondent. Grenfell Tower inquiry: Four possible reasons for the fire And as frightening as hell. |
rob smith Send message Joined: 7 Mar 03 Posts: 22491 Credit: 416,307,556 RAC: 380 |
All those companies saying (internally) "There's nothing wrong with our product, so who can we blame". And the one organisation that may have had the ability to shout "STOP" out of the loop very early on. As you say "As frightening as hell". Bob Smith Member of Seti PIPPS (Pluto is a Planet Protest Society) Somewhere in the (un)known Universe? |
rob smith Send message Joined: 7 Mar 03 Posts: 22491 Credit: 416,307,556 RAC: 380 |
The dangers of some of the materials etc. used in Grenfell have been known for a good few years - skip to about 8mins to get to the core of things. https://www.youtube.com/watch?v=kr3OAIvgbk8 A ship load of common sense and loads of heads berried in the sand Bob Smith Member of Seti PIPPS (Pluto is a Planet Protest Society) Somewhere in the (un)known Universe? |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
No worries, inflation hits so it'll get sold for a fiver. Then again, it might go for a tenner |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
"We do not understand why, as late as June, government was still making direct awards of contracts sufficiently lucrative as to enable these sorts of profits to be made," Jolyon Maugham, the project's director told the BBC. They added: "(DHSC) Proper due diligence is carried out for all government contracts, and we take these checks extremely seriously."Nice profits, stuff safety |
Sirius B Send message Joined: 26 Dec 00 Posts: 24909 Credit: 3,081,182 RAC: 7 |
This demand is based on what Mr Timms and others would regard as a moral obligation from the Greens who have huge wealth based on a £1.2bn dividend Sir Philip took from Arcadia and paid to his wife, tax-free in 2005.Lovely tax department :-] Are our pensions safe? Another one bites the dust "Given how prominently Arcadia brands feature in its stores, the downfall of Sir Philip Green's empire was always likely to leave Debenhams' rescue deal hanging by a thread."Naw, say it isn't so. Gondorff & Hooker aren't a patch on Trump Green. |
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