...Mr McInnes has admitted behaviour "unbecoming" of a chief executive in relation to a female staff member at two company functions..... pic and caption c/- the ABC. My 8 cents are in the mail.

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Well, the weekend papers and the electronic media were chockers full of rather unflattering news about the sacking of the former DJs CEO, Mark McInnes, now bunkered down with his pregnant wife in a distant hell-hole like Monaco, somewhere else on the Riviera or the Costa del something.  Wealthy tackiness score – 10/10.

When the story broke late last week, there was a memorable quote from ‘shareholder activist’ Steven Mayne about how Mr McInnes had single-handedly turned around the flagging flagship retailer and how this had been one of the truly great feats of corporate governance by miraculous leadership.  Shareholder value, blah blah blah.

I was wondering, then,  aloud over a rather fine cup of Java why it was that DJ’s had not simply handed over a cartload of cash to the victim and buried the story – getting on with the urgent task of making more  shed loads of cash, matching Gerry Harvey’s  cut-throat prices, giving excellent customer service and pouring out the finer goods to the gentry.

First Mate did her oft-repeated impression of tired incredulity with my naivety and said simply “Tip of the iceberg, tiger woods style”.