The Word - The Business End - The Colbert Report - 6/9/11 - Video Clip | Comedy Central
Even though this isn't Qantas as such, its very relevant, especially the person this is the subject of.
Fast forward to about 55 seconds in that video and its about leveraged buyouts, massive profits for the companies (bain and co) and companies going bankrupt as soon as they're sold off..
Essentially what the APA bid was all about.
Some other interesting easily accessible facts;
Clifford, is a senior advisor to Kohlberg Kravis Roberts & Co.
Jayne Hrdlicka - Group Executive Strategy and Technology, has just joined from Bain and Co.
Where appropriate, we work with clients to make it happen - which may mean fundamentally changing the company.
Barbara Ward - Independent Non Executive Director, member of Allco (APA)... and is on the Advisory Board of LEK Consulting.
L.E.K. Consulting is an international strategy
consulting firm, with headquarters in
London.
Started in 1983 by three partners from
Bain & Company, James Lawrence, Iain Evans and
Richard Koch, L.E.K. has since grown to over 850 consultants and 20 offices worldwide.
Gary Hounsell - Independent Non Executive Director... He is Chairman of Investec Global Aircraft Fund, a Director of Ingeus Limited and a Board Member of law firm Freehills
Key private equity transactions announced in 2006 in which Freehills has played a lead advisory role include the Airline Partners of Australia consortium’s bid for Qantas
I'm sure theres many more interesting connections.
I'm actually very interested in what the term 'independent director' means.