My wife and I are directors of a very small plc. We have noted some
accounting irregularities which we want to object to. These were
basically incurred costs which benefit only some directors and were
charged without consent of others - in fact despite the objections of
other directors.

I raised it in the company AGM but the minutes of the meeting record
no such objections; in fact the minutes state that the accounts were
approved. The other directors who have to pay for these items but did
not materially gain from them do not want to antagonise relations over
what they think is just a few hundred quid.

I am concerned that if we do not formally object on the record in some
way, it would look like we are party to such unethical conduct.
Furthermore, misappropriating company funds is a slippery slope which
needs to be nipped in the bud.

Do you have any advice on how we can handle this?

Cheers.

I am working in a small company located in London to earn daily bread
and butter. With inflation soaring all time high, it has really become
difficult to make a decent living.  I know that the recent credit
crunch has affected a lot of us.  

It was Sunday, perhaps a blessed Sunday, when browsing through the
internet, i found a website - 'Chance4Finance' . I found the scheme
offered by them of real worth. I thought to share it with all my fellow
friends. The scheme is:-

1.You have to apply for payday loan.
2. Refer 5 email IDs (nice way to help your friends). 
3. Be the lucky one to get £100 absolutely free. 

Isn't a great offer? You can visit - 
http://www.chance4finance.co.uk/newsletter/payday_mailer.html




-- 
jennifer xess

jennifer.xess.30fb4d1@financebanter.co.uk (jennifer xess) wrote:

> Isn't a great offer?

Agreed.

Andrew McP

jennifer xess wrote:

> 
> I am working in a small company located in London to earn daily bread
> and butter. With inflation soaring all time high, it has really become
> difficult to make a decent living.  I know that the recent credit
> crunch has affected a lot of us.
> 
> It was Sunday, perhaps a blessed Sunday, when browsing through the
> internet, i found a website - [removed] . I found the scheme
> offered by them of real worth. I thought to share it with all my fellow
> friends. The scheme is:-
> 
> 1.You have to apply for payday loan.
> 2. Refer 5 email IDs (nice way to help your friends).
> 3. Be the lucky one to get £100 absolutely free.

1.  High inflation has nothing at all to do with the credit crunch. 
Inflation would be much worse if it wasn't for the credit crunch.
2.  The typical APR for a payday loan is in excess of 10,000,000%.  If you
are struggling to make ends meet, this is going to make things much much
worse.

Alan wrote:

> At least they are honest about the APR of typically 1355% - or is it
> more?

They typically charge 25%, and the average pay day loan is for three days. 
That gives you an APR of 61,761,558,897,879%

> Alan wrote:
>> At least they are honest about the APR
>> of typically 1355% - or is it more?
>
"Jonathan Bryce" wrote
> They typically charge 25%, and the average pay day loan is for
> three days.  That gives you an APR of 61,761,558,897,879%

Try 25% for a month - then you get ... err ... 1355.2% APR.

"Jonathan Bryce" wrote
> They typically charge 25%, and the average pay day loan is for
> three days.  That gives you an APR of 61,761,558,897,879%

There are more than just 365 days in an *average* year!

Tim wrote:

> "Jonathan Bryce" wrote
>> They typically charge 25%, and the average pay day loan is for
>> three days.  That gives you an APR of 61,761,558,897,879%
> 
> Try 25% for a month - then you get ... err ... 1355.2% APR.

Yes, but most pay day loans are not for a month, and they still charge 25%
for a shorter loan.

>> "Jonathan Bryce" wrote
>>> They typically charge 25%, and the average pay day loan is for
>>> three days.  That gives you an APR of 61,761,558,897,879%
>>
> "Tim" wrote:
>> Try 25% for a month - then you get ... err ... 1355.2% APR.
>
"Jonathan Bryce" wrote
> Yes, but most pay day loans are not for a month,
> and they still charge 25% for a shorter loan.

If it's  "25% for anything upto a month",  then (given that the punter
is actually taking the payday loan -- perhaps they shouldn't!),
surely they should just make sure that they don't repay it
until the month is nearly up, rather than paying it back early?

"jennifer xess"  wrote in message 
news:jennifer.xess.30fb4d1@financebanter.co.uk...
>
> I am working in a small company located in London to earn daily bread
> and butter. With inflation soaring all time high, it has really become
> difficult to make a decent living.  I know that the recent credit
> crunch has affected a lot of us.
>
> It was Sunday, perhaps a blessed Sunday, when browsing through the
> internet, i found a website - 'Chance4Finance' . I found the scheme
> offered by them of real worth. I thought to share it with all my fellow
> friends. The scheme is:-
>
> 1.You have to apply for payday loan.
> 2. Refer 5 email IDs (nice way to help your friends).
> 3. Be the lucky one to get £100 absolutely free.
>
> Isn't a great offer?

No it's a fooking scam.

> You can visit -
> http://www.chance4finance.co.uk/newsletter/payday_mailer.html
>
>
>
>
> -- 
> jennifer xess