March 5, 2018 08:42 pm PST
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/p9OBz1QqA10/administrative-incompeten.html
The UK government declined a chance to get 364m out of Carillion before it failed, and British taxpayers are now on the hook for that money
Last December, the accounting giant EY presented a proposal to the failing mega-business Carillion to break it up and sell its profitable parts, keeping it from collapsing and sticking the British taxpayer with billions of pounds' worth of unfunded pension liabilities. (more…)
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/p9OBz1QqA10/administrative-incompeten.html
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