Heads will roll?_其他_趣味英语-查字典英语网

Heads will roll?

Meanwhile, the board repeats the mantra “we are solvent and will remain so” as though the very repetition will guarantee the required result. Regulators busy themselves with other matters in the vain hope that the problem will somehow solve itself before heads begin to roll in the corridors of Whitehall.

Somewhere far from the public view, Lord Penrose and his team are interviewing whichever witnesses deign to answer questions about what actually happened in the (50-year) run-up to the society’s decision to close its doors in December 2000.

Ever since the new board took over the reins in April 2001, the situation has gone from bad to worse.

Policyholders who voted in favour of a “compromise” package more than a year ago have subsequently learned they were sold a pup, but can do nothing about it because the deal included signing away their right to sue.

A similar deal involving up to 90,000 investors lured into the society in the run-up to its closure at the end of 2000 was mooted in a report by B&W Deloitte at the end of September.

But, perhaps because of the broken promises that came in the wake of the first compromise, the board’s hopes for a similar “yes” vote now appear to have been scuppered by doubts that they will be able to pull off the same trick twice.

Meanwhile, few of up to 70,000 people originally promised full redress for being wrongly sold income drawdown plans in the 1990s, now look likely to receive little if any of the money they had been told so confidently to expect.