Patisserie Share Discussion Threads

[lefrene] 26/3/2020 12:23

I couldn't believe my ears, I heard Luke Johnson on the radio a few days ago giving out advice about what to do in this crash! Plainly a Teflon Luke.

[pvb] 11/3/2020 16:45

And another one?

Car dealer Lookers sees share price plunge 20% and delays results after finding suspected fraud in its books

[meijiman] 11/3/2020 09:36

Step forward Lord Johnson of Cake

[phowdo] 11/3/2020 07:46

London has the reputation for being a great destination in which to defraud shareholders. Perpetrators are rarely caught and never get properly punished - the odd slap on the wrist with a paltry fine, never jail time.

[onjohn] 11/3/2020 06:33

NMC is Same nonsense scam as Luke Johnson CAKE

[onjohn] 27/2/2020 18:08

Another cake type scandal

[sandy133] 17/2/2020 10:19

The problem here is as always it has become a criminal matter.

The SFO will not share anything with other parties.They will not even agree to release cheques etc.Until they actually charge or drop the case any Accountant/Solicitor pursuing the case is hamstrung.

I do agree that Luke should have spotted this, but remember at the time they started this game he was very busy with being one of the great and good,Chairman Channel 4 etc.

It is going to be a test of the Civil system as to any recovery for shareholders and creditors.In there case of OEM RSM received over £1 million in fees and there was no benefit to creditors or shareholders.They also did not get the Insolvency Department to take action against the Directors.

[meijiman] 17/2/2020 08:58

Sounds like its good news for Johnson then...secured his family's future...nice holidays/villas/ the works......

[onjohn] 16/2/2020 21:55

FT said Johnson has taken about £46m out, before taxes and professional fees

[meijiman] 16/2/2020 21:36

What's happened ..has Johnson got a knighthood?

[jotoha2] 16/2/2020 19:35

The FCA has no appetite to show that there are indeed crooks in the City , hence the rather muted response to get LJ in front of a Beek.

[red5] 16/2/2020 18:37

you would think this would be on the news somewhere

[gustavfenk] 14/1/2020 17:16

Anyone doing time in the slammer for this scandal yet? Or will the old school tie and some funny handshakes let the culprits get off Scot free?

[konradpuss] 09/12/2019 15:05

Read 'snake oil salesman'!

[lefrene] 09/12/2019 14:25

Well I guess their PV location on Cheltenham's upper High St was about par for the course for financial decisions. The place is still empty after about 6 months on the market, heavens one would think a location capable of taking £200 an hour every hour of the trading week would be snapped up! I was amazed a week or two back to see an LJ column still appearing in the Sunday Times offering pearls of 'wisdom'! The mans in the same class as one Tony Bliar.

[konradpuss] 29/11/2019 13:14

"and the shield of justice".........

[meijiman] 29/11/2019 12:57

Indeed it would...time to reflect without distractions. What was it something about the 'trusty sword of truth'

[konradpuss] 28/11/2019 19:31

meijiman, a funny thing, Luke Johnson worked for Jonathan Aitken at one point just after leaving University.

I rate the fact that Jonathan Aitken has atoned after his stretch inside.

Perhaps a short spell at Her Majesty's pleasure would be of benefit to Luke?

[meijiman] 28/11/2019 18:53

A nice little earner for him. Reminds me of Jonathan Aitken

[onjohn] 28/11/2019 18:18

FT said Johnson has taken about £46m out, before taxes and professional fees

[bbmsionlypostafter] 06/11/2019 11:53

"If I was arrogant at times before, my ego has taken quite a battering since." LJ

If? There's doubt?

[phowdo] 24/10/2019 12:16

"KPMG ... whose insolvency partners earned £875 an hour for the work"

Wont be any left for creditors at that rate.

[lucicavi] 24/10/2019 11:43

Has Luke Johnson been formally charged under the Fraud Act 2006?

[pugugly] 24/10/2019 08:40

Nice work KPMG - Looks as though they can have their CAKE and also eat it -
~Article may well be behind a pay wall but if U can access more details on the unmitigated disaster that was CAKE