Well, it did come from 4 Corners....

(Better be careful what I write here, I just got arsed from AFF for commenting on this).

Completely failed to realise/ articulate/ even acknowledge that the keyword in "private equity" is PRIVATE. Harped on and on (and on) about the difference in reporting & disclosure standards between public companies and private companies.

Wow, who would have thought?


Loads of wild speculation about mass sackings, asset stripping, all the 1980s takeover rubbish that has long since seen its day. No actual facts or examples, mind you - just wild speculation from Bilbo Baggins of the lower Cambridge water consumer's society or somesuch - clearly an expert on international business management.

Noteable lines of enquiry that failed to emerge:

- How the spin changed from the launch of the QF bid to the failure.
- Why the bid came about in the first place (eg: gross under-valuation of the stock largely due to the cap on foreign investment)
- Macquarie's very strong returns to SHAREHOLDERS, not just the few executives making 8-figure dollars each year (all performance based, mind you).
- Rampant politicking from the likes of the Bundy & Coke socialist (Barnaby Joyce) and the part this played in the failure of the bid.
- Etc, etc, etc....