SMH acting-editor will stay. Amanda Wilson, currently acting as Sydney Morning Herald editor, will be appointed permanent editor. Many say the long-time section editor would have had it years ago, but for the failing boys’ club running the joint. Others say it’s the Kirner/Kenneally phenomenon, and that they’re letting go only when it’s going down.
Who knew about the Bank of Queensland? Calling all market watchpuppies: The share price of Bank of Queensland fell by 3.2% yesterday ahead of a surprise earnings downgrade at 5.51pm, which revealed a bad debt increase. Wonder why? The overall market was down 0.5%. The shares had reached a year high of $12.31 on Tuesday. So the fall yesterday took the eye. And today the company’s shares fell a further 90c or 7.5% this morning. (That’s more than 10% in less than a day). Some one knew …
Is the NAB having more problems? Yesterday at 3.30pm my debit card was twice rejected by two different machines. Tried the credit card; also rejected. How can one bank be so stupid so often?
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