detroit free press, sun, 09 aug 2009 , page-23

Since we live in a free(?) country where balanced and fair reporting is supposed to be encouraged, may I contribute the following:

From Mayne Report on Youtube:
http://www.youtube.com/watch?v=ThPCpdzwNRM

From Channel 10 on Youtube (enjoy this one):
http://www.youtube.com/watch?v=9FakgIKbZFc&feature=related

The Australian Financial Review’s Boss Magazine produces an annual “DreamTeam” of company directors, reflecting the best performing board members of ASX companies. However, given the recent sharemarket slump, Crikey felt it appropriate to consider the less savory Anti-DreamTeam — a group of directors who as a result of repeated bad lack, negligence or incompetence, have managed to involve themselves in multiple company disasters.

The choice of Chairman is clear  — Elizabeth Nosworthy has proved to be a stand-out. Ms Nosworthy was recently chairman of Babcock & Brown (now in administration) and Commander Communications (now in administration) as well as a long-serving director of Ventracor (now in administration). Nosworthy therefore has the proud record of all three companies which she remained an independent, non-executive director of collapsing.

Nosworthy was also a director of GPT until last August — GPT shares have fallen by approximately 90%, largely due to a disastrous joint-venture with another Nosworthy company, Babcock & Brown. Nosworthy was also the Chair of Prime Infrastructure  — Prime became Babcock & Brown Infrastructure (shortly after Nosworthy left the board) and is currently selling assets, including the Dalyrymple Coal terminal as its shares fall by approximately 96% from their peak.

http://www.crikey.com.au/2009/03/27/crikeys-anti-dreamteam-of-company-directors/