Report this comment to a moderator

Dewey's Sharp hits out at stricken firm's US management

If he was that involved day to day then why didn't he stop this debacle snowballing bearing in mind all of the warning signs. A few examples that go back years not months. Why didn't he stop the US diverting funds into their own bank accounts for London bills starving London of cash so they could not meet the monthly obligations? Why didn't he ensure that vendors/landlords/taxes were paid on time? Or if obligations could not be met then at least reduce services accordingly? Why didn't he make sure that capital commitments for leavers were honoured? The fact is he was not involved in the day to day operations otherwise he would have seen this coming like the rest of us. The only guy that tried to cut spending and increase income was Steve Horvath hence why he was given the global role. One final point is that if you accept the title Managing Partner along with the juicy compensation that comes with it then you should make it your business to know all of the above!

28-May-2012

1:47 pm