Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Former Tory leader Michael, now Lord, Howard recently joined the board of Quindell (QPP) as a non-exec. The man is actually a Ned at about half a dozen little companies but I am sure that he is not a grubby ex politician using his good name to make a few bob in retirement but actually wants to help these companies move forward. And in that vein I have today written to him about the biggest – proportionate – fraud at Quindell, the 2011 accounts.
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Comments
Marvin
The Neds always seem to walk away unscathed. Look at complete ahole Matt Ridley, Northern Rock. All is forgiven apparently presumably because he helped bring evolutionary theory to that POS and the right wing press now can’t get enough of him. Eton. Oxford, House of Lords therefore bullet-proof. The usual story.
Adge
Well done Tom.
Juicin Drumrooll
WTF was Michael Howard thinking when he got involved with this POS?
Are sinecures for ex-Cabinet Members so hard to come by that he needed to scrape the barrel & jeopardize his name for a few quid by joining this shower?
A serious misjudgement.
MrMoto
Michael Howard always came over as a truly awful person, well matched with Quindell.
Check out this infamous interview when Paxman asked him the same question 12 times, if no joy in a reply – try that tack
https://www.youtube.com/watch?v=Uwlsd8RAoqI