- Feb 13, 2005
The program re Qantas takeover will be repeated tomorrow (Thurs) morning at 8am for anyone interested...
I am not sure I quite agree with this. One of the reasons that Private Equity is getting a bad rep is that they taking publicly owned entities into the private world. There are plenty of privately owned organisations that are not subject to public scrutiny and never have been (thus often have not had any form of internal governance frameworks established) but they are not lambasted. And rightly so - its none of my business how the owner of the business runs it - even as a consumer its none of my business. I can choose whether to support them and perhaps show displeasure with their operations but that is my choice.Platy said:So, the issue of accountability and transparency in private equity deals may be an obvious one, but needs to be re-affirmed and restated, be that by a union rep or any other interested party.
Wasnt it Macquarie analysts rather than investments that released that? Isnt their a reuiqrement now as a result of the lack of independence in Goldman Sachs (I think) that the analysts be completely independent of the investment arm?Platy said:It is also profoundly ironic that Macquarie itself re-valued QF at $6 billion more within days of the failed APA takeover. In other words shareholders were being duped big time.
I agree.Platy said:Dear Moderator,
I find Shillard's constant political griping and sniping to be inappropriate for this forum and I am surprised that you allow it - by all means let's discuss political policy and its various merits/demerits as travellers, but please let's leave the blatant sniping out of it.