TLS 0.38% $3.94 telstra group limited

hello,It appears that in the world of big business (very...

  1. 1,087 Posts.
    hello,

    It appears that in the world of big business (very different to small business) the person in charge who presides over the company is allowed to lose as much money as one wants without penalty.

    Tls has lost over 1 billion dollars yes thats right over 1 BILLION with investments in REACH, SOH and that other little uselss company that has gone by the wayside and yet ziggy is still there and recently had his contract extended to 2007.


    Tls growth is way below industry level and it appears for awhile that the leadership of tls has no more direction for the company or any ideas (that work) to grow the company.

    Can someone tell me how ziggy and the board can keep their jobs with such a dismal pathetic performance.

    Telstra needs new blood at the top some people who have actual quality ideas and motovation to grow the company.

    recently we saw cicuttio and chairman go from the national bank for a stuff up (less then ziggy`s) , it is about time tls board and ceo look in the mirror and realise there hopless and hand reins to some people who can do better.

    cheers good hunting
 
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