Australian (ASX) Stock Market Forum

Will James lose the Packer empire?

It's not so easy for guys like Packer & Buffet to hedge against the bubble bursting - it's not like they can just move to cash. They have billion dollar businesses to run and countless employees on the books, it's a bit harder to just put everything on hold. Also alot of projects take years of planning & approvals etc etc - can't just stop them without huge costs.

I can see your point nomore - once the huge oil tanker is in motion, takes time to change direction.

And I'm not overly concerned about Australia's economy right this instant, its the US & Europe that I'm worried about....they are the consumers of the world & if they have a cold, commodity produces will eventually get pneumonia.:)

Cheers
 

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The tabloid press is having a field day and someone fortunate enough to be in the right place at the right time with a camera has hit the jackpot.

The publication of the two images by News Corp Australia on Monday comes after a reported bidding war, reportedly topping $200,000, to procure what's believed to be a set of photographs taken as the two former mates came to blows outside Packer's Bondi apartment on Sunday.

There are reportedly more than 50 photos in the set.

https://au.news.yahoo.com/thewest/e...53/video-emerges-of-packer-and-gyngell-brawl/
 

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So, JP has a black eye? For leaving Erica?
No worries: Miranda can Kerr him :D
 
Packer apparently has a thing for Gunnedah girls.
I am a person with good qualities such as compassion, conscientiousness, fairness, appreciation of nature and thoughtfulness but unfortunately lack the finances these blokes have that attract women. Sigh!
 
Did anyone see Miranda Kerr's interview on Sunrise? That was probably the first time I'd listened to her speak, and she came off as arrogant and not very bright. Personally I don't even think she's that good looking. I'm glad DJ's dumped her for Jessica Gomes.
 
Newly-appointed NSW Police Minister, Stuart Ayres, said: "What we've seen in the papers today is a group of people that are doing something that wouldn't be accepted by anyone within the community

"Clearly they haven't set a standard that we would adhere to anyone else.

"I'll leave that up to the local command to determine what they do next."

Anti violence campaigners are unhappy with what they perceive as double standards.

Paul Stanley lost his 15-year-old son in a one-punch attack.

He said: "These are supposed leaders of our country aand to carry on like that is just crazy."

Mr Stanley has called on both men to make a million dollar donation to his charity campaign.

And in what could be seen as Mr Packer taking another swipe at the Nine boss today he had lunch with arch enemy, Channel Seven owner Kerry Stokes

Mr Stokes said: “Everything's fine.”

And when asked if he had any advice for him, replied ‘no, James doesn't need the advice, really’.

"[He’s} Probably a little bruised, but otherwise ok."

https://au.news.yahoo.com/thewest/e...53/video-emerges-of-packer-and-gyngell-brawl/

NSW Police Minister, Stuart Ayres is doing a Pontius Pilate and washing his hands of the whole matter and leaving it up to local command to investigate.

Asking for a million dollars each is not going to bring your son back Mr. Stanley.

The meeting with Kerry Stokes would have been to put a cone of silence over the whole matter.

Nothing to see here ... as you were. :frown:
 
NSW Police Minister, Stuart Ayres is doing a Pontius Pilate and washing his hands of the whole matter and leaving it up to local command to investigate.

Newly-appointed NSW Police Minister, Stuart Ayres, said: "What we've seen in the papers today is a group of people that are doing something that wouldn't be accepted by anyone within the community.

That's nonsense. Okay it was an affray, but it did not harm or inconvenience anyone except two millionaire business moguls. I call it entertainment. These two idiots were incapable of seriously harming each other physically.They behaved like brawling schoolboys.

The greenhorn Police Minister would be more usefully occupied by doing something about domestic and street violence where those physically stronger wreak havoc on their victims
 
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