Recent Posts

Russia’s dumb denials on downing of MH-17

Three Russians and one Ukrainian have been charged in the Netherlands for their alleged roles in downing Malaysia Airlines Flight 17 over eastern Ukraine five years ago. Only one of them may have been in active service in the Russian military at the time, but the international investigation has plenty of evidence of official Russian involvement. I’ve said before and ...

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Where financial carnage comes as part of contract

Serco Group Plc CEO Rupert Soames frequently boasts that the UK contracting firm was an early adopter of financial carnage – to stress that the business is now the better for it. Pulling through a crisis five years ago has given Soames the credibility to embark on M&A, and he has had his eye on defense contractor Babcock International Group ...

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Monty Python and the unholy fail of Jet Airways

Two months after India’s oldest private-sector airline grounded its last plane, and with even a water-bottling firm threatening to drag the carrier into bankruptcy, a consortium of lenders led by State Bank of India can finally stop pretending that a white knight is coming. With the insolvency tribunal taking Jet Airways India Ltd. under its wing, there may be one ...

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