The Channel logo

back to article Berkshire bigboy 2e2 in the pink - apart from crushing debt burden

Integrator 2e2 recorded steep losses in calendar 2011 caused by crippling interest repayments, discontinued operations and restructuring costs, but despite all this, some progress was made in the underlying operations. The privately held Berks-based firm, which pushed out the numbers in a glossy annual report, made a net loss of …

COMMENTS

This topic is closed for new posts.
Paris Hilton

The Emperor's New Clothes ....

... if i ever saw them!

Paris, because if anyone can talk it up, she can.

0
0

Who do 2e2 bank with?

If the interest owed is LIBOR + 16%, why don't they just ask their bank to manipulate the LIBOR rate to, say, -17%, and have the debt paid off for them?

0
0
This topic is closed for new posts.

Forums

Opinion

Neil McAllister

Claims that cloud will drive Oracle's future growth ring hollow
Pure Storage array

Neil McAllister

How the cloud taught Redmond to play by a new set of rules

Features

Pebble Steel
Meet the man who accidentally created the smartwatch hype
No, silly... he was the fall guy for years of Finnish folly
Fraud image