Shell shocked roducer/director, Terry Messenger [videorecording] /
- North Sydney, NSW : BBC Worldwide, [2004]
- 1 videodisc (38 min.) : sd., col. ; 4 3/4 in.
Title from title screen
Royal Dutch/Shell was seen as the safest of havens for money invested by insurance companies and pension funds. If you needed a safe, steady return on your money, you could, as the slogan declares, always'be sure of Shell'. But on 9th January 2004, the oil giant stunned the financial world by confessing to a 20% exaggeration of its proven oil reserves. Shell's share price crashed and 3 billion pounds was wiped off the value of people's investments. How did this gross over-exaggeration happen?