
Note from Joe
Westpac sinks to Carolyn McCann
For McCann to now be 2IC of Australia’s sixth largest company is beyond ludicrous.
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For McCann to now be 2IC of Australia’s sixth largest company is beyond ludicrous.
Fund managers are now trying to price the unpriceable risks of berserk founder-CEOs and of being transacted out of high-performing companies with zero recourse.
The exchange can still prevent the James Hardie pirates from escaping Australia with their plunder.
Hardie has engineered the perfect heist, diluting its Australian shareholders and escaping the ASX primary listing and its pesky checks on executive pay.