"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, February 04, 2009

Who the Fuck is Lord Stephen Carter ? You may well ask.

Did you perhaps wonder who the youthful, geeky, gormless Lord Stephen Carter , Baron Carter of Barnes was , who announced the much unread, worthless, dismal, useless, The Digital Britain report, the government and new media ? ***

Here is a fascinating clue.

Before Scottish born and educated Lord Carter was a government apparatachik and minister he was Chief Operating Officer at NTL; under his watch NTL went into Chapter 11 bankrupcy owing £12 billion - one of the largest corporate bankruptcies in American history. he to shareholdesr outrage got paid off £1.7m in compensation, including a £600,000 bonus. ...and he is another fucking Scotsman in Government ... Since October 2008 Minister for Communications, Technology and Broadcasting and was ennobled on 16th October 2008.

Papers released by the court in a class action by shareholders (they got £9MN compensation - and it was alleged Carter “issued various false and misleading statements in the news media”) reveal Carter's alleged comment about shareholders was: "What I tell them is nine-tenths bullshit and one-tenth selected facts". See Times 1th Jan 2008 - the excellent David Leppard - Gordon Brown’s new spin doctor ‘deceived shareholders’

The Most boring man I ever met

*** Official Press release on report ..."Stephen Carter said:
“Communications have been revolutionised in the last 20 years, with consumers and businesses alike embracing the opportunities and taking advantage of the reality of the new technologies.”
He added: “Digital Britain is about capturing the opportunities on offer for UK PLC and the public, and advancing our standing as a world leader in these industries.

Wow. News to everyone in this neck of the woods then. Kinda snook up on us.

1 comment:

Anonymous said...

The unexplained death of circuit Judge William Everard, 59 (who was at the forefront of prosecuting serious sexual crimes against children) is not being treated as suspicious.....

Another tragic accident.....

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish