We don't hear much about the members of the FIRB Board, who's approval is necessary for the FMS bid to succeed.
They are a bit of a mixture, and have not covered themsleves in glory in the investment world. Various members are on the boards of Elders, Centro, and Bell Financial group. The share prices of all of those are just plain awful, and have been for some time.
However, I guess that does not disqualify them from their job on the FIRB. One member is also on the Takeovers Panel, which I thought is a bit of a conflct of interest.
http://www.firb.gov.au/content/who.asp?NavID=48
firb, who are they?
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