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Old 18th May 2007, 00:06
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DutchRoll
 
Join Date: Apr 2000
Location: Oz
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Ding, Dong, The Witch Is Dead

About time. But the whole thing is a breathtaking indictment on the state of corporate responsibility in Australia at the moment. If you sit around and do your job.......you get millions in bonuses. If you completely screw up a multi-billion dollar private equity bid from start to finish........you get the same millions in bonuses - just not the "extra" millions in bonuses.

Listening to them on TV and reading their comments saying "oh, yeah, sure the bid failed and it cost millions, and we undervalued the company, and we made some silly comments on shareholders, and we had a couple of conflicts of interest, and we had to suspend trading for a while, but it's not really our fault and we plan to carry on as normal" kinda made me wanna puke.

Jackson was clearly pushed kicking, screaming and clawing, but she'll leave with not one penny or share less than if she had voluntarily left at any other time.
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