Our very own Enron

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15 November 2005, 03:56 PM

SJ_Skyline

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Our very own Enron

http://www.channel4.com/news/special...age.jsp?id=484

Quote:

By far the most important condition was that Network Rail would "not score" on public-sector accounts. Brown was adamant, in particular, that the company's whopping £21bn of debt would remain off the Treasury's balance sheet.

In the real world, sorry, private sector this would be illegal!

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15 November 2005, 04:15 PM

OllyK

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I thought something new had happened for a moment

Quote:

Published: 17 Jul 2005
By: Liam Halligan

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15 November 2005, 04:18 PM

Dracoro

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Well they're doing a good job of keeping it quiet if the situation is still the same.

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