Telstra Australia board spits the dummy
The board of Telstra Australia has had a huge corporate dummy spit after almost two-thirds of its shareholders voted against massive bonuses for its senior executives, including the corporations $12 million man, ceo Sol Trujillo. Most vocal of the dummy spitters was Telstra Australia chairman, Donald Mc Gauchie, who in true corporate wobbly-throwing fashion attacked the corporate advisory firms who had urged large shareholders to oppose the motion.
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