BNB babcock & brown limited

>I think the board has forgotten that they work for the...

  1. 315 Posts.
    >I think the board has forgotten that they work for the shareholders.

    Yes, I agree.

    The shareholders could still:

    i) have a special general meeting;
    ii) sack the board; and
    iii) elect a board that would put BBIPL into administration.

    Followed by an administration order on BNB itself.

    This would ruin the bankers/directors/management's little game.

    The fallback position is to have BNBG holders toss a grenade into this farce.
 
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