It’s a bit rich to attack CEOs for massaging the numbers and then get them so wrong yourself, as John Durie did today about the Alinta takeover in his analysis of the excessive payout to departing Lihir Gold CEO Arthur Hood in The Oz.
Alinta
Babcock’s black box defies the credit wobbles
Babcock is now managing a whopping $60 billion in assets, although this remains well shy of Macquarie Bank which is up above $200 billion. Stephen Mayne reports on how it’s handling the sub-prime fallout.
