{"id":132160,"date":"2023-10-17T22:07:46","date_gmt":"2023-10-17T22:07:46","guid":{"rendered":"https:\/\/bluemull.com\/?p=132160"},"modified":"2023-10-17T22:07:46","modified_gmt":"2023-10-17T22:07:46","slug":"carole-middleton-criticized-for-the-galling-way-she-screwed-over-vendors-creditors","status":"publish","type":"post","link":"https:\/\/bluemull.com\/celebrities\/carole-middleton-criticized-for-the-galling-way-she-screwed-over-vendors-creditors\/","title":{"rendered":"Carole Middleton criticized for the galling way she screwed over vendors, creditors"},"content":{"rendered":"

<\/p>\n

I still can\u2019t get over the story, this weekend, about a \u201cmalicious poster campaign\u201d in Bucklebury. Carole and Michael Middleton\u2019s business, Party Pieces, went bankrupt earlier this year, and the dying shell of PP was sold off for pennies on the dollar. The Middletons stiffed creditors for over \u00a32.5 million, including government loans, bank loans and tons of small businesses which had extended credit to Carole specifically because she is the \u201cfuture queen\u2019s mother.\u201d Carole left a lot of anger and debt in the wake of her financial mismanagement. Now someone is putting posters up all around Bucklebury, demanding that the Middletons pay their creditors. The Middletons own a \u00a35 million manor home in Bucklebury as well as commercial real estate in the area. Well, I just wanted to follow up with the Sun\u2019s exclusive coverage, which had a couple of other quotes and an interesting aside:<\/p>\n

\n

Kate Middleton\u2019s parents are the target of a cruel poster campaign \u2014 after the collapse of the family party business. Malicious messages have been put up on lampposts and trees around the couple\u2019s home village, with Kate\u2019s brother James seen tearing some down. Angry suppliers are still owed money after the closure of Party Pieces, which was sold by Kate\u2019s mum Carole, 68, and dad Michael, 74, shortly before it went bust earlier this year. Some want the couple \u2014 also parents to Pippa, 40 \u2014 to pay debts out of their own pockets.<\/p>\n

However locals have been appalled by the posters, plastered around Bucklebury, where the family have lived for several decades, and the neighbouring West Berks village of Yattendon.<\/p>\n

A source said: \u201cCarole and Michael are incredibly popular. Everyone is horrified by these posters. It\u2019s unfair to do this in their home village, just yards from where they live. Their son James lives nearby and so does Pippa who has moved around there recently with her family so they all have to be confronted by this. They are doing their best to make things right and don\u2019t deserve this kind of abuse.\u201d<\/p>\n

Carole, a former British Airways stewardess, was said by a friend to be \u201cdesperately sad\u201d to see the company flounder under \u201ca new management team\u201d. Pals claimed she was trying to make sure creditors were paid. Kate\u2019s parents are believed to have stepped away from the day-to-day running of the firm several years ago.<\/p>\n

However suppliers have criticised the couple for the \u201cgalling\u201d way invoices were left unpaid before the firm went bust, and have called on them to pay outstanding debts. The administrator\u2019s report made it clear that creditors \u2014 including small companies supplying balloons, toys and party bags \u2014 were unlikely to be repaid cash owed.<\/p>\n<\/blockquote>\n

[From The Sun]<\/p>\n

Here\u2019s my thing – in all of the analysis and ass-covering after Party Pieces crashed, it was clear that Carole was desperately trying to say that she handed the management of PP over to other people years ago. That was directly contradicted by vendors and creditors, who said Carole was personally contacting them in recent years, promising them that they would be paid eventually. \u201cSuppliers have criticised the couple for the \u2018galling\u2019 way invoices were left unpaid before the firm went bust\u201d<\/em> – in fact, the Middletons continued to rack up even more and more debt because<\/em> Carole was making personal promises to small businesses, vendors and banks. \u201cCarole and Michael are incredibly popular. Everyone is horrified by these posters.\u201d<\/em> The Middletons fancy themselves the king and queen of Bucklebury and their house of cards collapsed. There are businesses within Bucklebury affected by PP\u2019s collapse as well, so no, I don\u2019t think the Middletons are really \u201cincredibly popular.\u201d I would imagine the village has been highly amused, actually. I still think it\u2019s interesting that the coronation was the last time anyone saw Carole – she\u2019s been in hiding for months now. She\u2019s humiliated and she deserves it.<\/p>\n

Note by CB:<\/strong> Get the Top 10 stories about the Middletons\u2019 shady finances when you sign up for our mailing list! I only send one email a day on weekdays after lunch. <\/p>\n

<\/p>\n

Photos courtesy of Avalon Red.<\/small><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I still can\u2019t get over the story, this weekend, about a \u201cmalicious poster campaign\u201d in Bucklebury. 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