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	<title>Crikey &#187; henry kravis</title>
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	<description>now with extra source</description>
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		<title>With Flight Centre, the shareholders beat the barbarians</title>
		<link>http://www.crikey.com.au/2007/12/04/with-flight-centre-the-shareholders-beat-the-barbarians/</link>
		<comments>http://www.crikey.com.au/2007/12/04/with-flight-centre-the-shareholders-beat-the-barbarians/#comments</comments>
		<pubDate>Mon, 03 Dec 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Flight Centre]]></category>
		<category><![CDATA[henry kravis]]></category>
		<category><![CDATA[lazard asset management]]></category>
		<category><![CDATA[pacific equity]]></category>
		<category><![CDATA[private equity]]></category>

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		<description><![CDATA[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.]]></description>
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		<title>Options not the only option for Sol</title>
		<link>http://www.crikey.com.au/2007/08/13/options-not-the-only-option-for-sol/</link>
		<comments>http://www.crikey.com.au/2007/08/13/options-not-the-only-option-for-sol/#comments</comments>
		<pubDate>Sun, 12 Aug 2007 14:00:00 +0000</pubDate>
		<dc:creator>Crikey</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[henry kravis]]></category>
		<category><![CDATA[KKR]]></category>
		<category><![CDATA[shareholders]]></category>
		<category><![CDATA[telstra chairman]]></category>
		<category><![CDATA[telstra shares]]></category>

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		<description><![CDATA[While Telstra has set relatively high performance hurdles regarding the exercise of options, the poor Telstra board (like most other public company boards) just don’t get it. That is, options don’t truly align the interests of senior management with shareholders. It's all about getting skin in the game, not just your baby toe, writes Adam Schwab.]]></description>
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