Make your own free website on
BT Finance Director chopped, more heads still to roll

BT finance director Robert Brace is to leave the greedy telephone company after 11 years during which BT blatently bled the UK consumer dry. Further departures are expected soon as details of boardroom troubles and attempts to remove overly conservative and anti-progressive chairman, Ian Vallance emerge. It is thought that other directors may also leave as BT's financial performance and performance in the market place fall well below par. BT's share price, as predicted has continued its eternal decline and is now at a glorious two-year low. Brace will be suceeded by Philip Hampton, until now, BG finance director who will take command on November 1. No change in direction is expected.