BEN 0.52% $11.71 bendigo and adelaide bank limited

oups hirst did it again...

  1. 543 Posts.
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    Another letter full of lies and half truths from the most overpaid (relative to his performance) bank chief in Australia. The courts have not rejected the claims of the GTP investors, they have merely rejected some aspects of the claim. It will go on and in the end BEN will lose the case and will have to provide $400 million of write offs. But this does not matter to Hirst because by then he will have collected many bonuses based on profits without taking the potential write offs into account and his successor can deal with the mess.
 
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