Babcock & Brown 2008 AGM highlights package


March 25, 2009

Listen to our highlighted audio files from the 2008 Babcock and Brown AGM.

Babcock collapse to be a global blockbuster
Crikey, Friday, June 13, 2008

Time to sack Phil Green
Crikey, Friday, June 13, 2008

Hell week ends for Babcock
Mayne Report, Friday, June 13, 2008

Babcock special: it's all about the big 13 executives
Mayne Report, June 12, 2008

Holy Cow - Babcock shares slammed
Mayne Report, June 12, 2008

The imploding Babcock empire
Crikey, June 12, 2008

Audio breakdown

1. Why weren't we offered a share purchase plan after the recent discounted institutional placement?

2. Do any of the directors have margin loans on their stock?

3. How far under water are our investments in the listed funds?

4. Is ASX director Michael Sharpe satisfied with our failure to disclose the listed fund management agreements?

5. The legal obligation question

6. The model we are running is actually broken

7.Shareholder support about the broken model and poor governance

8. Did the proxy advisers really all support the remuneration report and how much stock do the staff own?

9. Heavy combat with Elizabeth Nosworthy over her independence

10. Attempt to nail director Joe Raby with resurrection of Alan Bond - slapped down by Nosworthy

11. Why the big protest vote against the deferred bonus share grants?

12. Why issue shares in lieu of cash bonuses at just $12.82 and how much cash has this change of policy saved us?

13. Phil Green confesses to never having participated in the dividend reinvestment plan

14. Strong support for increase in NED pay - always nice to finish on a positive note.

Media coverage

B&B offers apology
Courier Mail, 31, May, 2008