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.
On Wednesday came the extraordinary findings of the WiseTech board's investigation INTO Richard White's misconduct, and the complete lack of consequences.
The Nine merger was a terrible deal for Fairfax shareholders and the enmity which then festered between the Fairfax-Nine directors facilitated the unforgivable drift of Domain, the group’s primary growth asset.
