Something about this:
Howard Flight has quit as Conservative deputy chairman over comments he made about the party’s spending plans.
The MP, who is the Tories’ special envoy to the City, apparently admitted the scale of planned cuts were [sic] being concealed to help win an election.
reminds me of this:
They call it ‘doing a Ratner’ – in memory of the famous gaffe committed by Gerald Ratner back in 1991, when he admitted selling “crap” in his High Street shops.
Now the boss of the UK’s largest credit card company has done it in such a spectacular fashion that it left business observers open-mouthed.
Barclays chief executive Matt Barrett candidly criticised his own product, suggesting that the astute consumer would do well to steer well clear of it.
Tommy Hilfiger did a similar trick, saying he would not let his children wear his brand of clothes because he didn’t want them to look scruffy, and said something along the lines of “I will keep making these crap clothes as long as native Americans keep buying them instead of putting food on their tables”, or words to that effect.