Originally Posted by
Table For 1
Reward and responsibility are totally divorced from accountability in Swire - why?
My lord he doth protest too much that it is not fuel hedging that is the cause of his 'very difficult job'.
My guess is that the fuel hedging was not managements' fault, but a decision taken at the ownership level.
That would explain why CEO or CFO have not been fired, and why they are so keen to say that fuel hedging is not the problem