HLS and it's buy to let
Financial Monkey | 30.09.2008 07:41 | SHAC | Animal Liberation
Baker set up a seperate company to raise money so they could buy HLS property using the money to pay off some HLS debts and then renting back the buildings from the holding company aker set up. In anyother company a CEO buying his own building to rent it back to himself would be considered fraud in HLS the regulators allowed it.
Now those dodgy dealings are to come back to haunt Baker. He was found running round panicing when stocks started falling, at one point crying due to the loss of money. You never cried for the animals so you won't get any sympathy for us.
Financial Monkey