amazing news...real intrinsic value created, page-21

Rufrano is part of the original problem. The guy was with New Plan Excel Realty, that Centro took over, for 7 years. Centro paid well over the odds and Rufrano was there to broker it as CEO. Nice tidy sum he would have picked up. Now he's earning $3.5mill a year. I'm sure Rufrano is trying his best, he would have a vested interest, but if it all falls over Rufrano won't be the one lining up at Centrelink. Rufrano was partly to blame for getting CNP in the mess they are in, and so he should be instrumental in trying to get them out of the mess.

The one thing I'll say for Rufrano, at least he stayed on to try and fight for the company, which is more than you can say for the previous CEO Scott, who just walked away and washed his hands of any responsibility, and with a nice golden handshake to suit.