labors ir reforms, page-50

Boffin1979,

What has two staffers of the Public sector got to do with the corporate excesses across the globe that have brought most of the world to the brink of ruin. Car Dealers are having to be bailed out because the corporate cowboys have stuffed up the financial system. Many listed companies are going under for the same reasons and superannuants are losing their nest eggs.

People on Hot Copper would readily recognise the damage that these corporate cowboys have done. The USA consumer demand has dropped as a result and China is now having to cut back production with less demand for our minerals. Unfortunately these corporate cowboys, free market abuser types have been encouraged by right wing politicians to do what they were doing and hardworking ordinary people get burnt. Small businesses get burnt.

We need stringent control over these cowboys and look forward to Rudd bringing in appropiate regulation. These people have rained more havoc and hardship across the world than any union would be able to. If you want a list of these corporate parasites no problem providing them. Even overseas Lehman bros. has impacted drastically on the value of mining shares in Australia. Look at the Opes Prime debacle, ABC Learning Babcock & Brown, just to name a few. And I could list a string of mining companies that could not secure finance and have been done in all due to the debacle caused by the corporate cowboys.

eagle