There have been so many companies that have gone out of business this year and many have been small whereas many of them have been huge?
Woolworths PLC
Well as a former member of the group I must say that I know exactly why the company closed and part of it was indeed down to the poor fixed asset accounting that the company had been doing. Woolworths were a gigantic company and the reason they failed is because there were idiots running it. The directors knew fully well that they were a failing business and they had over a year to sort this out and they seemed to do nothing. [...]
2010-01-03 by wowgoldtips | category: Uncategorized | tags: Assets, business, finance, Recession, Woolworths | Comments Off
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2009-06-27 by wowgoldtips | category: Uncategorized | tags: finance, forex, market, stock, trading | comment