The indicative first quarter management statement for the current year to 31 December 2012 focussed, as it is, on the changing business model of the company reminded me that Pearson (PSON) has existed as an independent British company since the nineteenth century.
Pearson’s (PSON) results for calendar 2012 have returned its accounting for the layman to an even greater inscrutability than that which it enjoyed years ago, when it was an extraordinary, almost eclectic collection of activities ranging from publishing to oil; a bit like going back from the renaissance to the dark ages.








