Australia’s looming unemployment crisis continues to gather momentum with economists scrambling to re-adjust their jobless forecasts.
Flight Centre
With Flight Centre, the shareholders beat the barbarians
There is no more conflicted a transaction as when insiders (specifically, senior management) team with financial backers to acquire a company. That is because management are employed by the very people they are purchasing the asset from. Despite best intentions, it is a conflict that seems impossible to reconcile.
