Financial pundit Marcus Padley is gunning for J. Went out of his way this morning to say J has been in the job 5 years and doesn't expect he will make it 6.
Says that J was wrong man for the job as he lacks political touch unlike (as an example) Lord King.
Described his behaviour in shutting Qantas down last year as 'angry man' syndrome which alienated him from Canberra
All this is expected from analysts who were interestingly silent in the lead up to the report. Everyone of them were reluctant to make meaningful comment nor take any meaningful action on behalf of their clients. It's been "Yes, knew that" or " .....saw this coming" or even supported the board's strategy having swallowed the "spin" hook, line and sinker.
None, of which I am aware, have even approached the board for comment to the obvious questions on performance, strategy or responsibility.
Even more disappointing, was question time after the presentation of the report. It was weak and seemed as though there were only cadet journos present instead of hardened veterans.
Are the investment and hedge fund managers just waiting for a takeover opportunity to rape and pillage the company now while it is vulnerable?
We'll have to wait to see.