Would even the most experienced and confident underwriters struggle in this situation?
Recently we were talking about the benefit of hindsight when assessing company under-performance. We considered the recently reported challenges confronting of C&J Clark (Clarks Shoes). Today we have learned about a potential £25m overstatement of inventory by Ted Baker plc. Ted Baker is a very successful business, generating sales of over £600m. The balance sheet […]
Would even the most experienced and confident underwriters struggle in this situation? Read More »