The fact that directors of failed companies go home and watch TV, sipping Grange whilst sitting on a lounge chair worth more than my car, has irked me for years.
You can thank the corrupt Federal Government for allowing this blatant ripoff behaviour. The system needs change and the silly thing is in our two party system both sides are happy to let it continue.
Share holders need an "Us Too" type movement to enaction a change.
If I was king Bonza for a day. I would make it 1 strike in failed company is five year ban on directorship 2nd strike out for life, go wash dishes!
IGE Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held