Originally Posted by
percy
independant 17th dec 2007.
The Dead Hand Director award.
the 2009 award goes in chalkie,s opinion to ruth richardson.
as chair of the IMP diversified income fund she headed one of the many financial type of syft she presided over a board companies that had to tell investors in moratorium that they wouldn,t be getting all their money back as previously promised.
as chairwoman of syft she presided over a board where you have to question if self-interest fractions effectively handicapped the chances of a successful refinancing of the business in late 2008,
as a synlait director she has seen the IPO pulled.the board must take some blame for the issue,s unrealistic pricing.