So did the shareholders do proper due diligence and examine the status of Softbank? They obviously shut their eyes and took the money.
Did the UK Government check on the ability of Softbank to sustain this level of debt? IT OBVIOUSLY DID NOT.
Tuesday, 19 July 2016
MAY'S MISTAKE - DID SHE CHECK ON THE FINANCIAL STATUS OF SOFTBANK
Today the value of Softbank shares fell by 10%. The Japanese market had expected that Softbank would try to reduce its debt, not increase it. It is now in excess of 100 billion dollars.
So did the shareholders do proper due diligence and examine the status of Softbank? They obviously shut their eyes and took the money.
Did the UK Government check on the ability of Softbank to sustain this level of debt? IT OBVIOUSLY DID NOT.
So did the shareholders do proper due diligence and examine the status of Softbank? They obviously shut their eyes and took the money.
Did the UK Government check on the ability of Softbank to sustain this level of debt? IT OBVIOUSLY DID NOT.
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