Rod Eddington, one of Australia’s most prominent non-executive directors, has finally spoken out about his withdrawal from assuming the chairmanship of ANZ and his troubles at Allco.
Technically, Australia may have avoided a recession. However, there is a very big difference between missing a recession and successful economic policy. PM Kevin Rudd's stimulus package has proved foolhardy.
That Rupert Murdoch could be paid a bonus in light of New Corp's performance in recent years is quite remarkable.
If there was any doubt whether investment bankers prefer to be acting for vendors or purchasers, those reservations would have been quashed after noting how much Origin Energy allegedly paid its financial advisers.
The Supreme Court of New South Wales has delivered significant penalties in the civil action brought by ASIC against various former executives and directors of asbestos manufacturer James Hardie.
The Berkshire Hathaway CEO, legendary investor Warren Buffet, has warned of the dangers of excessive fiscal stimulus and the dire effects of an ever-increasing public debt.
If you believe Nobel-Prize winning New York Times commentator Paul Krugman, we've all been saved by the state and their quick thinking Big Government. Except, the worst may not be over.
Major accounting firm KPMG has received a rare rebuke from the Australian Securities and Investments Commission, with three partners agreeing to be banned from auditing companies.
While shareholders may have suffered from the global financial crisis, executives have been doing pretty nicely. Like the CEO of Blackstone, whose executive pay in 2008 was US$702 million.
Former Telstra CEO Sol Trujillo's departure with $9.06 million in his pocket was a final insult to long suffering shareholders. Why was he paid so much to deliver so little?