News: VAH Virgin Australia Administrators Say Do Not Expect Enough Recoveries To Fully Pay Creditors, page-14

So, one more time Retail shareholders have been wiped out completely.

I have a couple of questions for the Virgin Board, the Administrators, the Senior Management, the Bankers/Funders and and the Regulators.

1. How can a company that only made a profit twice in the past 10 years, be allowed to get into debt of $7 billion+?
2. What actions have been or will be taken to hold those responsible for this situation accountable?