Bravo: Humiliation of Ken Henry complete

Not involved in any succession arrangements:

Emigration looms as an option.

 

Comments

  1. The only thing that would improve this would be for him to slip on a dog turd as he walks out of the building.

  2. Couldn’t happen to a nicer bell-end.

    If anybody deserves a bit of humiliation, it’s our Ken. His tuff-guy don’t-fcuk-with-me Coz I’m Great and Powerful schtick at the RC was one of the greatest miscalculations in modern corporate Australia, and that’s really saying something given all the competition.

    He must be utterly crushed at being plain old Ken in the street, and not having an more power. Imagine the horror of going through life without an army of rumpswabs to order around and give him tongue baths as directed.

    • It never ceases to amaze me how deluded supposedly highly intelligent people can be. I loved watching Rowena Orr lead them down the garden path. speaking to them quietly and calmly, then quickly and cleanly sliding the slaughter man’s knife across their throats. It was a joy watching the light disappear from their eyes.

      She’s my pinup girl in every respect.

    • I agree. I had great hopes for this guy. He chose a different path like most of them. I wonder how many millions he gets for efforts. How they don’t go to prison is staggering. They were paid to obey the law, not break it. No wonder we’ve lost the faith.

      • darklydrawlMEMBER

        Prison is for poor people, not those nice C suite types – If you or I systematically stole money from their customers over many years that’s where we would end up – and for a long time.
        But when they do it, it is a slap on wrist,a $Million dollar payout and some gardening leave for the next 12 months. Tough gig, but some boy, that’ll learn ’em!!

      • ” They were paid to obey the law”
        Really?
        Based on their remuneration packages, I’d say they were paid to inflate the share price as much as possible, as that is what is incentivised.

      • @bjw sure boost the performance etc., but directors and CEO’s have clear responsibilities to act legally and ethically. I’d like to see what ASIC and APRA have to say about this, and what will trigger a criminal prosecution. Apparently, we’ll be seeing some, but it’ll never trust them after all this. They’ll just make thing even more opaque claiming commercial in confidence or some other BS reason.

      • ” some are going to be charged with criminal offences”
        I’ve got a bridge to sell you.

        ” I’d like to see what ASIC and APRA have to say about this, and what will trigger a criminal prosecution.”
        Same as always, nothing to see here, and my guess is like the FIRB flying pigs wouldn’t even trigger a prosecution..

        https://www.macrobusiness.com.au/2019/02/pussy-labor-prepares-to-roll-on-broker-reform/

        labor is clearly making do nothing a bipartisan policy on this issue.
        Whocoodanode?

  3. Mr Chronican appears to be offering his services at a very competitive rate compared to other bank CEOs. Could be the start of a trend.

  4. Contact within NAB informs me during a finance meeting that they excused his behaviour by saying “he just woke up on the wrong side of the bed that day”. Then they got told the staff need to change their behaviour and attitude.

    You cannot make this stuff up.

  5. Worry yee all not my fellow investors- my right upstanding legal colleagues will get paid for representing both the company and the dear departed and that of course is the most important thing.

  6. Grishams law with a side of ideology dressed up as economics, this is not just an Australian condition.