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Sunday 21 January 2018

There's A Lot Of Spleen Venting Going On

And quite right too. Mind you much of the venting is uninformed and, surprise, surprise, a lot of those making the wrong noises are our spectacularly daft politicians. Ignorance crosses all political divides it would seem.

First up - the horrid case of John Worboys, taxi driver cum sex pest - Worboys . This low-life has been released on parole amidst all sorts of administrative bungling. And after a surfeit of outraged concern the government have confirmed that they will not be seeking a judicial review. It seems someone finally had the bright of getting some legal advice before sounding-off on the subject. Worboys, it seems to me, was under-prosecuted back when he faced charges, net result being that he got a sentence ill-fitted to his actual criminality. And here's the rub, his parole board could only consider his case in the context of the proven record. For a judicial review to succeed it would need to be established that no reasonable board (acting upon the information properly available to it) could have reached the decision that was reached. It is the prospects of such a review upon which the government lawyers have now said their piece. How about re-opening the many other cases in which he was thought to be involved and using that as the method of banging the scumbag up for a proper interval? Just saying.

If you want to hear a slurry of old bollocks then a corporate collapse is often a good starting point. Take the shit and fan scenario at Carillion - Carillion Insolvency . Now this is an absolutely shameful situation and, enthusiast for open markets that I may be, I really do hope that the right people end up in the slammer for this one. Are you telling me that successive corporate fat-arse directors did not see this coming? That no one within KPMG (the auditors) had spotted that something smelt putrid? This sort of shit could turn a man socialist. But before politicians are let loose on the subject can someone give them remedial lessons in the difference between cash and profits and on the meaning of a profit warning. Due diligence anyone?

Cheery bye.

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