CEO golden handshakes
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Can I ask then, with a company making $500m+ profit with $3 billion in the bank, why are they not paying a dividend?
Enables Qantas to access cheap debt...
Join Date: Mar 2006
Location: Australia
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T-Vasis,
Can you explain exactly how that works? Why does the $3b need to be held in cash reserves, as opposed to say using it to buy new assets (which would need to be funded with further debt anyway?) or using it reduce the debt the company already has? Surely neither would reduce the investment grade of the company.
Cheers
Can you explain exactly how that works? Why does the $3b need to be held in cash reserves, as opposed to say using it to buy new assets (which would need to be funded with further debt anyway?) or using it reduce the debt the company already has? Surely neither would reduce the investment grade of the company.
Cheers
Join Date: Oct 2009
Location: Alabama, then Wyoming, then Idaho and now staying with Kharon on Styx houseboat
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I smell ya AJ
Reward him with what he has turned QF into - A glitter covered turd.
Oh yeah, and get him to take Ken Borough with him, and don't slam the door...
Oh yeah, and get him to take Ken Borough with him, and don't slam the door...
Join Date: Feb 1998
Location: Formerly of Nam
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Missus was watching Australia Masterchef on cable last night
as I got home from work (AM's boring - there's no asskicking
Gordon Ramsay in it).
Two teams of competitors were bringing their dishes to judges
who were sitting at a table near a QF Waddling Duck. Apart
from a well-dressed fat guy and a ponytailed cook (who the
missus said were judges), the fuzzy Irishman was also sitting
there as a "judge". I sat through it in the hope someone may
have dropped a steaming turd in the bastard's food but nope,
wasn't to be.
I'll stick to Hell's Kitchen - at least there some real crappy food
gets served up to some real crappy people.
as I got home from work (AM's boring - there's no asskicking
Gordon Ramsay in it).
Two teams of competitors were bringing their dishes to judges
who were sitting at a table near a QF Waddling Duck. Apart
from a well-dressed fat guy and a ponytailed cook (who the
missus said were judges), the fuzzy Irishman was also sitting
there as a "judge". I sat through it in the hope someone may
have dropped a steaming turd in the bastard's food but nope,
wasn't to be.
I'll stick to Hell's Kitchen - at least there some real crappy food
gets served up to some real crappy people.
Join Date: Oct 2006
Location: On a date with destiny.
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Dixon proved that no mater how toxic you were to a company, you'd still be paid out very, very well!
The top end of town has learnt nothing from the GFC!
Does the term "smartest men in the room" ring a bell... an alarm bell! Oh and that's a non sexist "men", as auntie Marge was just as guilty as the rest of the male clowns at the time!
So if that's anything to go by, AJ will be able to retire to his Irish villa (or whatever they have over there) very comfortably!
The top end of town has learnt nothing from the GFC!
Does the term "smartest men in the room" ring a bell... an alarm bell! Oh and that's a non sexist "men", as auntie Marge was just as guilty as the rest of the male clowns at the time!
So if that's anything to go by, AJ will be able to retire to his Irish villa (or whatever they have over there) very comfortably!
