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[sharechat] Air New Zealand-a comparison


From: "noel.parker" <noel.parker@xtra.co.nz>
Date: Tue, 2 Oct 2001 12:16:35 +1200


Yes, Ben.  It's a case of greed and self-interest above the interests of the company and the shareholders.  Unfortunately, this is not uncommon in New Zealand companies at present.  As a shareholder ( rightly or wrongly) once observed in respect of Brierley, " the company is being run for the benefit of the management, rather than for the benefit of the shareholders".

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