PPRuNe Forums - View Single Post - Merged: Virgin Blue Share Price - how low can it go and for how long?
Old 6th Mar 2009, 01:57
  #502 (permalink)  
greenslopes
 
Join Date: Mar 2006
Location: brisbane
Posts: 407
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Priapism...........I have to agree with you, what a fcuk up.
This indicates the real capabilities of the senior mngmnt team at VB.
I remember thinking how on earth could Ansett go broke with a virtual duopoly. This VB blunder plainly shows that bad decisions sometimes compound themselves.
I feel dreadfully sorry for the employees working at VB who will pay the ultimate price for senior mngmnt inadequacies, yet the same mngmnt walk away with very well lined pockets.
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