Reply to post: Re: In the 'sharing economy' *you* pay when sites get hacked

Broken BitBank Bitfinex shaves 36% from all accounts

DavCrav

Re: In the 'sharing economy' *you* pay when sites get hacked

The weird thing about BHS is everybody talks about the £600m odd that Green took out of it over the course of his ownership, noting how similar it sounds to the pension deficit of about £600m (not any more thanks to Brexit lowering gilt yields) but forget to mention the £600m-odd that Green spent on BHS, in terms of buying it, writing off loans and injections of capital. (He sold BHS for £1 with £64m in cash in its accounts, and over £100m in property, bought BHS for £200m, wrote off £210m in loans, etc.)

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon