Sunday, September 13, 2009

Top managers of MG Rover removed from leadership positions

Four former director of the British carmaker MG Rover will not be able in future to hold leadership positions, said Lord Peter Mandelson, Minister of the UK business, reports the BBC.

Thousands of employees lost their jobs four years ago, when the last British company producing production cars, ruined, with 2.5 billion dollars of debt owed to creditors.

In this case, four top-manager of the company MG Rover during its leadership, although not the plight of the company, paid himself $ 15 million.

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