The man who used to like two-minute chairman addresses went on for half-an-hour at yesterday’s Crown AGM, boasting of PBL’s recent performance and making some pre-emptive attacks against the anti-pokies lobby.
Crown
Fourteen more join the billion dollar loss club
The numbers are in and it’s now official: 2008-09 was the worst profit season in Australian history. Who would have ever thought 14 different companies could lose more than $1 billion in a single financial year?
James still stuck in Kerry’s shadow
For most of his life, Kerry Packer had a reputation for being a bit of a Midas when it came to investing. Shame his son James Packer didn’t inherit the same touch.
James Packer’s giant spring clean out
James Packer appears to be in the middle of a personal and professional cleanout, sparked in part by the global financial crisis. He’s flogged off his horses, boat and stake in Seek, the online classifieds company.
Crown gambling punts on the margin
James Packer’s Crown gambling operation is now also in the finance business, writes Glenn Dyer.
