Friday, May 27, 2011

Global commodities trader Glencore doesn't want you prying into their business...so let's pry shall we?

A few days after it was announced that the global commodities trader Glencore was to mount the biggest stock exchange float in British history, every major news organisation in the UK received a terse letter from a London law firm.

The letter was from Schillings, which is no ordinary corporate law firm: its lawyers describe themselves as reputation management experts, people who help clients "manage what is published and broadcast about them". They are particularly proud of their own reputation as the country's leading superinjunction specialists.

Glencore executives, the letter said, "are extremely private individuals", who expected scrutiny of their business activities, but not their personal lives. A warning followed about the "security risk" that could be posed by any reports about their homes or private lives.


Read more here.

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