What a pearler
In a one-hour phone hook-up to the homes of all Qantas director on Saturday morning the mood was one of disappointment and frustration.
How could it all have gone so horribly wrong? Were these private equity types the right people to be running an airline anyway?
An investment banker familiar with the situation said Qantas directors were feeling bruised: "They feel raped." And this was even before the events of this weekend.
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Among the key events that require scrutiny are the facts, who initiated the meetings with airline partners advisor macquarie bank and when?
Jackson Faces intense scrutiny, Australian Financial Review page 17 Monday 7 May 2007
Now they feel just like the hired help...