Im for not letting this Larkin fellow get away with anything thats how i will be backing my holdings its got to stop this rubbish of ceos running things into the ground and getting bonus payments for it .This will cost the Australian people millions of dollars in lost income superanuation etc .This decision affects every one of us wether we like it not .This will also have repercussion of similar tiding to the people of our closet friends in New Zealand .What message are we sending out to companies who invest in Australia because we have good regulation and laws to protect there investments.Are we to be just run roughshod over because we have a toothless tiger in asic .Ordinary Australians are being suckered into something that needs careful understanding and want answers to this .And above all they want to know that company excutives have the best intrest of there holders.Are we seeing this happen ?No do we ever see it happen ? Sometimes we do but there is not clear enough message getting through to these people .
BNB
babcock & brown limited
