Author Topic: Norton Motorcycles  (Read 2320 times)

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Offline chriscanning

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Norton Motorcycles
« on: April 04, 2020, 08:09:08 pm »
See in the report that came out 28th March Stuart Garner took Norton down to the tune of £28 million...

Offline richtea

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Re: Norton Motorcycles
« Reply #1 on: April 04, 2020, 08:28:38 pm »

Offline Phmode

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Re: Norton Motorcycles
« Reply #2 on: April 04, 2020, 09:26:34 pm »
Fuck, fuck, fuckety fuck, fuck, fuck, fuckety fuck!

Please feel free to correct the punctuation  :)

Offline chriscanning

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Re: Norton Motorcycles
« Reply #3 on: April 04, 2020, 09:37:09 pm »
Re Garner I don’t think public execution would be good enough  >:(

Offline SCM

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Re: Norton Motorcycles
« Reply #4 on: April 05, 2020, 03:16:59 pm »
Fuck, fuck, fuckety fuck, fuck, fuck, fuckety fuck!

Please feel free to correct the punctuation  :)
I don’t think you need so many commas
It should be fuck fuck fuckety fuck, fuck fuck fuckety fuck.   :)
How was it allowed to go on for so long?
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Offline Phmode

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Re: Norton Motorcycles
« Reply #5 on: April 05, 2020, 04:58:13 pm »
  ;D

Offline raesewell

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Re: Norton Motorcycles
« Reply #6 on: April 05, 2020, 05:05:06 pm »
Ban 'im Brian

Offline Phmode

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Re: Norton Motorcycles
« Reply #7 on: April 05, 2020, 06:19:26 pm »
I did ask... :)

Offline daveg208

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Re: Norton Motorcycles
« Reply #8 on: April 06, 2020, 12:53:42 am »
Re Garner I don’t think public execution would be good enough  >:(

Hmm, there used to be a tradition of public boiling, they placed the executee in cold water, then lit the fire, sounds appropriate.


Offline raesewell

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Re: Norton Motorcycles
« Reply #9 on: April 06, 2020, 08:13:35 am »
A great British brand taken over by a crook with ideas above his station and delusions of grandeur who's only interest was to further his own ends. Other than than I'm on the fence  ;D

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Re: Norton Motorcycles
« Reply #10 on: April 06, 2020, 09:01:08 am »
I'm not, in any way, defending Garner as I think he deserves the full force of the law for any and all things he has done illegally but I genuinely don't think he went into this with the intention of it ending up where it currently is. Was he naively optimistic? Without a doubt. Did his dreams exceed his ability to deliver? Absolutely! But that was obvious from day one. Part of the fault lies with a system that allows naively optimistic ego maniacs to get away with blowing pension funds and tax payers money on pipe dreams and vapour-ware.

Those who handed over their own money without doing any due diligence really only have themselves to blame. Those who feel they've been illegally fleeced in the past and have done nothing about it have little to complain of. The law is there for a reason - they should have used it. The ones I feel sorry for are those who put money into a pension scheme in good faith, believing that "the system" protected them, only to find that an unscrupulous bastard and run off with all their money.

Like most, my big concern is that Garner ends up with little in the way of legal "just deserts" because the system is set up incorrectly. If that happens then the lynching party should not just be for Garner, but for your local MP who, despite previous pension fund scandals, has been deficient in their duty of learning the lessons and implementing legal securities that ensure that the Norton pension rip-off could not have happened.
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Offline TomL

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Re: Norton Motorcycles
« Reply #11 on: April 06, 2020, 03:40:44 pm »
Amazing that such blatant fraud can still take place. When you consider that the Maxwell fiasco was thirty years ago.

Colleagues of mine at Wild Barfield Watford had their pensions ripped off big time when the firm went into receivership. Some were even invited to boost their pensions with lump sums before the shit hit the fan. Affected many of the big time and not just financially.

One would think that pension funds would be untouchable but where there's a will there's a way and it's pretty obvious that these fraudsters know full well how to get round the "system".
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Offline Phmode

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Re: Norton Motorcycles
« Reply #12 on: April 06, 2020, 07:39:25 pm »
I would like to believe that a 'thicko' like Garner wouldn't be able to think this through before he started.

On the other hand, I wouldn't be able to work out how to clone a credit card despite a. Having a background in technology and b. Not being as thick as I seem.

Somehow, the criminal mind works differently from mine and hopefully yours!

When I asked my extremely honest and upstanding dad about this many decades ago, his answer was two-fold and simply 'the devil finds work etc.' and 'necessity is the mother etc.'

Was Garner ever honest? We'll never know.

Offline Matt

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Re: Norton Motorcycles
« Reply #13 on: April 06, 2020, 08:41:41 pm »
...

On the other hand, I wouldn't be able to work out how to clone a credit card despite a. Having a background in technology and b. Not being as thick as I seem.



When I asked my ...

That's your birthday present sorted then, a credit card cloning machine.
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Offline Phmode

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Re: Norton Motorcycles
« Reply #14 on: April 07, 2020, 12:48:37 am »
Too kind young sir  ;D