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See Full StoryThe headlines are daunting. Every day seems to bring at least one dot-com failure to the fore. But for all the wisdom of trying to see the big picture, we need to zoom in and consider what this shakeout means for customers.
I know this story was written a while ago, but I just wanted to say that customers weren't the only people who were hurt by Shoplink closing down. I worked there for about a year, and I did have a feeling that it wouldn't last so I left. My mother was there for 3 years, up until the business closed. The VP was to blame, he worked for another company that shut down as well. Also, he was a terrible businessman. John Icke left a lot up to him. Anyway, the only people that knew that Shoplink was closing were Icke and the VP. Nobody else knew. All of a sudden, the day Shoplink closed, all of the employees were out of the job. My mother didn't even get compensation, she just lost her job! That's right, no compensation whatsoever. I was a freshman in college and we had to cut back on everything. She couldn't find another half-decent job for almost a year. This article is whining about how customers lost their laundry??? What about the employees at Shoplink who lost everything?!? The customers really didn't lose that much in comparison.....
Re: Dot-Com Death by Degrees
Posted by: ShoplinkCheck 2003-02-12 01:13:28 In reply to: christine5151
Hello,
I'm a freelance writer researching a story on John Icke and the bankruptcy of Shoplink Distributing Ltd. Mr. Icke has been selected to be the CEO of a company being formed in British Columbia, Canada. This compay, Accenture Business Systems of BC, will include 2100 staff carved out of the publicly owned BC Hydro.
I have been able to obtain the list of unpaid creditors in the Shoplink bankruptcy. (http://www.citizensforpublicpower.ca/newsroom/icke/claimsreport.htm) Research has revealed that Andersen/Accenture helped fund Shoplink, and installed a very costly computer system. Curiously, the list of unpaid creditors does not include Andersen or Accenture.
There is an unfortunately named website, called www.f**kedcompany.com. The site contains a very strange combination of offensive sexual prattle, and very damning commentary on troubled companies. Despite its liabilities, the site has become a reference source for that type of information.
A search for "Shoplink" turns up a discussion thread, in which many persons claiming to be former Shoplink employees have posted claims critical of Mr. Icke and their treatment by Shoplink.
Unidentified former Shoplink employees have claimed they received no severance pay. Mr. Icke recently claimed in our local media that he paid back pay owing to employees, out of his own pocket. Back wages are different from severance pay, and I'm trying, to establish what was owing, to who, and what was paid. Journalists have raised the matter of Mr. Icke's purchase of a $2.5 million house as the bankruptcy developed.
Mr. Icke recently claimed he chose Chapter 7 bankruptcy proceedings in the US because it would result in equitable treatment of creditors, and cited the lack of Shoplink lawsuits as proof of his success. In fact, the sole reason for choosing Chapter 7 is that it nullifies subsequent lawsuits. Thus, the lack of lawsuits is not to his or Shoplink's credit.
In addition, Chapter 7 does not allow seizure of assets on which payments are being made, such as the mortgage on a costly house. There is also the question of why Accenture/Andersen is not on the list of creditors.
I believe it is important to the integrity of society that corporate misdeeds be public matters. I would be extremely grateful if you could shed any light on these matters, or could connect me with anyone else who could assist in clarifying these matters.
I'm a freelance writer researching a story on John Icke and the bankruptcy of Shoplink Distributing Ltd. Mr. Icke has been selected to be the CEO of a company being formed in British Columbia, Canada. This compay, Accenture Business Systems of BC, will include 2100 staff carved out of the publicly owned BC Hydro.
I have been able to obtain the list of unpaid creditors in the Shoplink bankruptcy. (http://www.citizensforpublicpower.ca/newsroom/icke/claimsreport.htm) Research has revealed that Andersen/Accenture helped fund Shoplink, and installed a very costly computer system. Curiously, the list of unpaid creditors does not include Andersen or Accenture.
There is an unfortunately named website, called www.f**kedcompany.com. The site contains a very strange combination of offensive sexual prattle, and very damning commentary on troubled companies. Despite its liabilities, the site has become a reference source for that type of information.
A search for "Shoplink" turns up a discussion thread, in which many persons claiming to be former Shoplink employees have posted claims critical of Mr. Icke and their treatment by Shoplink.
Unidentified former Shoplink employees have claimed they received no severance pay. Mr. Icke recently claimed in our local media that he paid back pay owing to employees, out of his own pocket. Back wages are different from severance pay, and I'm trying, to establish what was owing, to who, and what was paid. Journalists have raised the matter of Mr. Icke's purchase of a $2.5 million house as the bankruptcy developed.
Mr. Icke recently claimed he chose Chapter 7 bankruptcy proceedings in the US because it would result in equitable treatment of creditors, and cited the lack of Shoplink lawsuits as proof of his success. In fact, the sole reason for choosing Chapter 7 is that it nullifies subsequent lawsuits. Thus, the lack of lawsuits is not to his or Shoplink's credit.
In addition, Chapter 7 does not allow seizure of assets on which payments are being made, such as the mortgage on a costly house. There is also the question of why Accenture/Andersen is not on the list of creditors.
I believe it is important to the integrity of society that corporate misdeeds be public matters. I would be extremely grateful if you could shed any light on these matters, or could connect me with anyone else who could assist in clarifying these matters.
