Thursday, July 12, 2012

IMPASSE - DITTO says New Zealand Shareholder Association

 On 4 May we wrote, "IMPASSE - I Mogridge PASSE - Time for you to leave, Bryan."

Today the New Zealand Shareholder association echoed that sentiment. 

John Hawkins calls for Bryan Mogridge to step down. "Hawkins said that Mr Mogridge as Chairman of PGC and a director of both Perpetual and Perpetual Asset Management at the time was deeply involved in this debacle. In the Associations opinion, along with the other directors he has seriously compromised his obligations toward investors. The NZSA believes the reputational damage is such that he should step down from his other public positions to avoid any collateral damage by association."

Cheerio!
jA
Anderson Cooper once said, I think it's a good thing that there are bloggers out there watching very closely and holding people accountable. Everyone in the news should be able to hold up to that kind of scrutiny. I'm for as much transparency in the newsgathering process as possible.

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