Phoenix Venture Holdings collapse of the company. The report, which was only concerned with dealing with the directors and their actions while MG-Rover Group was still trading, revealed that the five executives involved took £42m in pay and pensions from the troubled firm before it collapsed. The report also commented on the personal relationship between Nick Stephenson and Dr Qu Li, who was paid more than £1.6m in the 15-month period up to April 2005 for consultancy services. Additionally, fellow Director Peter Beale was accused of installing a software application, Evidence Eliminator, which may have destroyed documentation relevant to the investigation. The investigators
John Stephenson (coachbuilder) John Stephenson (coachbuilder) John G. Stephenson (1809 in County Armagh, Ireland - 1893 in New Rochelle, N.Y.), an American coachbuilder, invented and patented the first streetcar to run on rails in the United States. Stephenson also designed the New York and Harlem Railroad which was formally opened on 26 November 1832. Twelve days later a horse-drawn streetcar built at Stephenson's works and named "John Mason" after the president of the railroad company, started the public service. Stephenson is therefore remembered as the creator of the tramway. Stephenson was the great-grandfather of Alan Stephenson Boyd, the first United States Secretary of