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I have been thinking a fair bit about this LGB financial thing and one thing has stood out like a sore thumb and no one has mentioned it and it adds credibility to the hostile takeover business. Why was a lawyer, Dr Stephen Goede appointed to the position of trying to get them out of the poo instead of an accountant? Would it mean that their problem is more legal than financial; or is it how they do things in Germany? I have seen this sort of thing happen here in Australia often and a firm of international accountants are appointed and they charge so much the action is almost a kiss of death, for the company involved. It was interesting that the City of Nuremburg is backing LGB The idea that the huge building they are in is eating its head off has occured to me and also that the company being an older style family unit have gone soft on their workers and they are not working at even half pace (i have seen this myself) Unfortunately as i have got older i have become pretty cynical and really don't believe much of what i read. Rgds ian
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