On Tue, Dec 13, 2011 at 10:41, Jacqui Caren <jacqui.ca...@ntlworld.com>wrote:
> p.s. There were other reasons - including a much larger lay-off from US > staff etc. > but the exchange rate was used as the legal explanation for our > dissolution. > A company that big should be hedging with currency futures to smooth out the ride. That crazy period of pound/euro overvaluation only lasted a few months in any case. Paul
