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Dixon admits greed can be bad

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Old 16th Nov 2008, 21:28
  #21 (permalink)  
Keg

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Exclamation

I reckon we're all taking his comments the wrong way.

Most people are reading them the way we think we'd react but you need to read them from Geoff's perspective. This isn't an apology by Geoff and his comments about emotion don't relate to him, they relate to us. When he says there was a lot of emotion surround the bid he's talking about the way that the rest of the world reacted, not his own reaction. Remember he sees the rest of us as being quite different (and less worthy) than he....otherwise why wouldn't we be doing his job.

Read it with his cold dispassionate outlook on the rest of the QF workforce and you'll see that this is no apology andnore is it an admission that greed is bad. It is yet another example of Geoff being out of touch with the masses though.
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Old 16th Nov 2008, 21:48
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Keg,
No misunderstanding if you read my post.
After reading the article all I could think of was the trials in Nuremberg.
No regret or repentance other than telling us he was happy it didn't happen but still it was a great idea.
In other words he would still do the same thing again.
I can see him standing in the dock.
"Yeah I thought it was a great offer"
"But next time don't involve us until it's over and then put us on the payroll"
"Other management would have copped a hiding and might have folded after the deal went south but not us"
"The money offered to us is not wrong that's the way these deals work"
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Old 16th Nov 2008, 21:50
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Dixon`s Character

Agree Keg
Dixon is a sociopath.
His comments are indeed not an apology but rather a detached commentary regarding the events and how they related to those individuals he considers less important.......customers,shareholders and staff.
Dixon will be remembered as an individual with a grand sense of entitlement,lack of empathy and a broken zipper on his suit pants.
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Old 16th Nov 2008, 22:12
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The article is more of a PR release then an interview.I would like to know why he is relieved that the take over did not go ahead?
He tells us the offer was good but that the offer of tens of millions did not sit well with most of us.He did not think that the bid would have dragged the company down like some other private equity bids.
So why is he happy it went south if it was so good?

Is it a warm and fuzzy "I'm a good guy really" spin article designed to soften people up for his latest adventure into something else ?

When you look at some of the other jobs for the boys and where other people have ended up I would not be surprised in the least if he was offered some plum job as UN ambassador or post like an envoy.
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Old 16th Nov 2008, 22:15
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The upper management in Qantas at the time, from Margaret Jackson on down is/was very much of the view that management deserves all the spoils of a profitable year and that the unions/workers are simply bit players with no real input into the success of the Company. I have this from an impeccable source.
Geoff Dixon was going to be gifted 1% of the Company. Other senior management were going to share another 3.5% between them. Free, Gratis.... unearned.
Forget the charity foundation. GD, based on the Mac Bank valuation of what Qantas was potentially worth when resold back to the market after the bloodletting that Workchoices was designed to allow, personally stood to gain around 250 million dollars.
Is it any wonder these people were distracted?
Please Geoff... we know all about you and your mates. We know what you had planned and the lives you were planning to wreck in your pursuit of obscene, unearned wealth. Stop trying to re-write history... we know what really went on.
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Old 16th Nov 2008, 23:05
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charity foundation

Wasn't the charity foundation Dixon was going to put his money into/start up with, run or going to be run by a close relative of his? Meaning the money wasn't going to be too far away from the family anyhow? Also could a big donation like that be tax deductible? hahahaha
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Old 17th Nov 2008, 00:02
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donations to a registered charity generate a tax benefit.
done properly the angry midget would never have paid tax again.
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Old 17th Nov 2008, 01:37
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There is no doubt in my mind this is about trying to influence the enduring legacy, so dont let them get away with it.

Is it a coincidence that we seem to have two articles within days of each other? Can we expect more stories in march next year, I hope not.

This team and their advisors were intelligent, so would have well known the issues around management payments in these circumstances,yet blazed on regardless with some window dressing to try and make it look ok(surely they would have know about atleast one other company where the failed efforts resulted in all Execs involved being removed immediately) and still couldnt remove the stench in some peoples mind.

Talk of charities was merely a diversion from the real issues and another pr stunt to distract the scrutiny (sounds familiar yet again so get a new record). Weren't similar issues raised by US authorities on the Lowy family recently which showed what is possible?

ASIC claim an interest in corporate governance issues, so where the bloody hell are you? Perhaps it is too late for QF but surely there are issues to be considered in relation to future corporate roles by any of this team. ASIC and APRA have a long list of disqualifications as a history lesson on the standards of expected behaviour and the bar is set very high, so let them be judged by someone other than the QF Board!!!

I also dont want to see or hear about any philanthropy or any more stories about any QF Execs view on history because frankly it doesnt help anyone but those involved.

As usual, I agree with Theresa so please just go away.
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Old 17th Nov 2008, 03:03
  #29 (permalink)  
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Grrr

because I and the senior management team were going to earn tens of millions of dollars as part of it."
No you were'nt Geoff! You were not going to earn all that money but rather you were going to be paid it. There is a difference between earning something and being paid for something, a difference of which apparently you are unaware or rather I should say, ignorant.

Agree with Teresa and rodchucker. My wish is for you to involve yourself in sex and travel!
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Old 17th Nov 2008, 03:37
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What Dixon Really Meant

Greed is bad......only if you are perceived to be greedy and it might then interfere with a diplomatic posting or business position.
Greedy A`holes like Dixon are currently on the nose.
These reports are simply glossy spin by a couple of Dixons media mates designed to smooth the way for him to do something philanthropic(sic)
Its axiomatic that once an A`hole always an A`hole.
In Dixons case it is most certainly genetic.....simply a bad seed
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Old 17th Nov 2008, 06:52
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I hear Bubba wants a new bitch!
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Old 17th Nov 2008, 08:15
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Pinky,

Thats my life long ambition so dont crowd the pond with Wally's.

Life is tough enough as it is, but guess we all have our dreams.

cheers
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Old 17th Nov 2008, 09:46
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F.O.G! Good riddance!!!
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Old 17th Nov 2008, 10:42
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Arrow

No wonder many of us are cynical of people like GD. Like I've said in the past, the hypocrite and the hypocrisy of it all.
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Old 17th Nov 2008, 11:01
  #35 (permalink)  
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rodchucker; I know what you mean, but that's not what I meant!
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Old 17th Nov 2008, 23:30
  #36 (permalink)  
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After reading the article and thinking about it I can see something on the horizon gaining momentum.
This all reeks of an announcement of an appointment for GD to step onto the world stage as an envoy, trade representative,ambassador or whatever.
Brace yourselves and buy a good supply of lomatil or imodium.
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Old 18th Nov 2008, 00:52
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i think Geoff is telling Alan he needs to show wage restraint, 3 % should about do you Al
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Old 18th Nov 2008, 05:06
  #38 (permalink)  
 
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at least the p/a s for mini-me wont be having the same problems UNDER FOG. no wonder the wage rises were huge, he must have gone through a power of what the french refer to as 'le weekend'
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Old 18th Nov 2008, 05:44
  #39 (permalink)  
 
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RedTbar, well at least it won't be the Vatican, Tim Fisher got that guensey, lets see now, Afghanistan is nice this time of the year,(The Khybar Pass comes to mind), (they have a nice little airline they are trying to get off the ground there) (in every possible way I might add) Zimbabwe now there's a thought, he and Murgabe seem to think the same ( just keep whipping them until morale improves) but sadly GD being of the Labor Party (unless of course it comes to QF unions) our Kevvy will find him a nice little position, perhaps Australian advisor to Her Majesty (like Sir Les Patterson so to speak) Now there's a thought. In fact the resemblence is quite remarkable, yep, I think we are on a winner here.
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Old 18th Nov 2008, 07:45
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Sorry Teresa, one cannot agree. Sir Les has some class and finesse about him, not to mention a certain physical presence!
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