imi Posted September 15, 2008 Share Posted September 15, 2008 That must feel really wierd. Did you guy have an inkling that this was coming? I was speaking to a friend of mine who is in the business and he told me 2 months ago that LB were on the verge of bankruptcy; I would be surprised if it came as a ........surprise to anyone / certainly those in the industry. Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 Bugger, I wish I knew then... Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 dont know if there will be a tomorrow as it stands, will know more at 11am Well you were right dude, what about you? Link to comment Share on other sites More sharing options...
tooquicktostop Posted September 15, 2008 Share Posted September 15, 2008 Well you were right dude, what about you? I am hanging on in for the moment, thing is not sure this time at work will be paid now, could be no money left for wages on Friday Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 Ouch, so you're essential staff, I guess the PWC crew need feeding. Good luck though dude. Link to comment Share on other sites More sharing options...
tooquicktostop Posted September 15, 2008 Share Posted September 15, 2008 Ouch, so you're essential staff, I guess the PWC crew need feeding. Good luck though dude. Yep they need feeding and vultures are a hungry breed Link to comment Share on other sites More sharing options...
AndyT Posted September 15, 2008 Share Posted September 15, 2008 Well that's that, I'm home from Lehman's for the last time.. Good luck bud. I am hanging on in for the moment, thing is not sure this time at work will be paid now, could be no money left for wages on Friday Good luck too mate. Link to comment Share on other sites More sharing options...
Scoboblio Posted September 15, 2008 Share Posted September 15, 2008 Really sorry to hear this Paul. Hope you find something else quickly, someone of your standard shouldn't be out of work for long. Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 Good luck bud. Good luck too mate. Thanks Dude. Really sorry to hear this Paul. Hope you find something else quickly, someone of your standard shouldn't be out of work for long. Yeah, here's hoping... What's working for the council like? Link to comment Share on other sites More sharing options...
marbleapple Posted September 15, 2008 Share Posted September 15, 2008 I am hanging on in for the moment, thing is not sure this time at work will be paid now, could be no money left for wages on Friday As far as I am aware from my time in corporate insolvency at PWC, if you are kept on by the administration the wages from the date fo the administration are the responsibility of PWC. I could be wrong so don't quote me on that. As for an administration, it is NOT bankruptcy. Companies cannot go bankrupt. By taking the bank into administration the role of the administrator is to try sell the company as a going concern, I.e. sell it to another company. If that doesn't happen it will go into liquidation and then everyone lose their jobs. Link to comment Share on other sites More sharing options...
Scoboblio Posted September 15, 2008 Share Posted September 15, 2008 Yeah, here's hoping... What's working for the council like? Like semi-retiring. Link to comment Share on other sites More sharing options...
Paul Posted September 15, 2008 Share Posted September 15, 2008 The first company I worked for went down the pan and I worked for the Administrators for around three weeks and they paid by cheque each week which had to be signed for so you'll get the dosh OK. Link to comment Share on other sites More sharing options...
UltraFlynn Posted September 15, 2008 Share Posted September 15, 2008 There were alot of very unhappy people milling around outside Lehmans tonight when I walked past on my way to the station. Another back will buy them out. Just depends on what terms. Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 They might get bought, but I don't think us contractors will be back.. Link to comment Share on other sites More sharing options...
UltraFlynn Posted September 15, 2008 Share Posted September 15, 2008 Contractors run the company. It's the permies who are the hangers on and need clearing out. IMHO Come and work for RBS up at Islington. Same pay as in the City but better food. Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 Where do I send my CV? Link to comment Share on other sites More sharing options...
UltraFlynn Posted September 15, 2008 Share Posted September 15, 2008 I am a man of zero power I'm afraid. I'm a contractor as well. RBS have just imposed a 10% rate cut on all contract staff which isn't great. But there's a hell of a lot of work on at the moment due to the integration with ABN Amro. I can recommend my Agency though. They've been pretty good and take you out for lunch alot. (752 Solutions) Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 Cheers, any contact names etc for your Agency? Link to comment Share on other sites More sharing options...
UltraFlynn Posted September 15, 2008 Share Posted September 15, 2008 Phil James is the guy I deal with. Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 15, 2008 Author Share Posted September 15, 2008 No worries, who should I say recommended me? I'll give him a call tomorrow. Link to comment Share on other sites More sharing options...
UltraFlynn Posted September 15, 2008 Share Posted September 15, 2008 No worries, who should I say recommended me? I'll give him a call tomorrow. Matt Biggin Link to comment Share on other sites More sharing options...
MrRalphMan Posted September 25, 2008 Author Share Posted September 25, 2008 Right, looks like I am back in a job... Now that Nomura has bought the Asia branch and some of the European business, I've been asked back. Still need to be contacted by PWC to take over the contract, but all is signed off, so all looks good. :nana::nana::nana::nana: Looks like I'm going to have to cancel the interview for shunting cars around a plant in Purfleet for £6 an hour. That is not a joke either... Many many thanks for everyone one here that either put my CV forward or gave me contact numbers. Shows that there is a real club spirit here and I really apprieciate everything that was done for me.. Now I just need to survive until November on 6 days pay, but hey that's what the savings are for... Again, thanks all... PS I may have gone over board with the Smilies.. Link to comment Share on other sites More sharing options...
AndyT Posted September 25, 2008 Share Posted September 25, 2008 Great news bud. Link to comment Share on other sites More sharing options...
tooquicktostop Posted September 25, 2008 Share Posted September 25, 2008 Great news mate, looks like you go in and i go out, I think I am out 31st October Link to comment Share on other sites More sharing options...
SteveR Posted September 25, 2008 Share Posted September 25, 2008 Nice one EDIT, doh sorry - not for you tooquicktostop. Link to comment Share on other sites More sharing options...
Recommended Posts
Please sign in to comment
You will be able to leave a comment after signing in
Sign In Now