Rondle Owen Charles Stable

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Rondle Owen Charles Stable, Q.C. (b. 1923 - d. 2019) was a British Judge, who served as senior presiding Judge at Snaresbrook Crown Court.[1]

Between 1971 and 1973, Stable acted as an inspector for the Department of Trade and Industry on the conduct of Robert Maxwell in relation to Pergamon Press. The inspection report,[2] co-authored with accountant Sir Ronald Leach found that "a large number of private companies including foreign companies exist in which Mr. Maxwell or his family have an interest.".[3] The report concluded with the words, "We are also convinced that Mr Maxwell regarded his stewardship duties fulfilled by showing the maximum profits which any transaction could be devised to show. Furthermore, in reporting to shareholders and investors he had a reckless and unjustified optimism which enabled him on some occasions to disregard unpalatable facts and on others to state what he must have known to be untrue ... We regret having to conclude that, notwithstanding Mr Maxwell's acknowledged abilities and energy, he is not in our opinion a person who can be relied on to exercise proper stewardship of a publicly quoted company."[4][5][6][7]

References[]

  1. ^ admin. "Master Owen Stable1923 – 2019". Middle Templar Magazine. Retrieved 2021-03-10.
  2. ^ Stable, Rondle Owen Charles; Leach, Sir Ronald; Industry, Great Britain Department of Trade and (1973). Report on the Affairs of Maxwell Scientific International (Distribution Services) Limited, Robert Maxwell & Co: Limited, and Final Report on the Affairs of Pergamon Press Limited: Investigation Under Section 169(b) of the Companies Act 1948. H.M. Stationery Office. ISBN 978-0-11-510789-4.
  3. ^ Cohen, Roger (1991-12-20). "Maxwell's Empire: How It Grew, How It Fell -- A Special Report.; Charming the Big Bankers Out of Billions (Published 1991)". The New York Times. ISSN 0362-4331. Retrieved 2021-03-10.
  4. ^ Wearing, Robert. Cases in Corporate Governance. London: SAGE Publications Ltd. p. 28. ISBN 1412908779.
  5. ^ Cohan, William D. (2012). Money and Power: How Goldman Sachs Came to Rule the World. Penguin. ISBN 978-0-241-95406-5.
  6. ^ Wearing, Robert (2005). Cases in Corporate Governance. London.
  7. ^ "The Observer from London, Greater London, England on November 10, 1991 · 31". Newspapers.com. Retrieved 2021-03-10.
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