The Endowment Diary

The Endowment Diary


The Endowment Mis-selling Debacle - one of the UK's worst financial scandals

Monday, March 26, 2007

Sacked By Text

Cheshireonline reports that police had to be called after a Chester businessman sacked his workers by mobile phone text message.

"Lee Wilson, MD of Stanley Porters and Co Ltd, texted staff at 7.45am on Wednesday, with the words: 'Due to the lack of professionalism and poor overall performance of the Chester office, i hav no option but to let u go.

'Ur pay wil be calculated and paid on pay day. U are not required to go into the office. All belongings wil be sent to u.'

But the four workers, whose job was to win compensation for home owners who had been mis-sold endowment mortgages, collected their belongings from the Union Street offices and asked for the attendance of police to prevent trouble."

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