Business
Investors have had a gutful of Crown and its ‘butt-covering’ board – The Age
Crown chairman Helen Coonan lack of remorse about the casino giant’s culture and behaviour won’t go down well with investors who’ve had a gutful.
Crown didnt display arrogant indifference to regulatory and compliance risk, Coonan told the inquiry, arguing it was more a case of shortcomings.
At this late stage in the inquirys hearings it is gobsmacking that she would continue to adopt a legalistic approach to questions.
What has become clear from the various directors testimony is Crowns so-called independent directors lacked sufficient relevant experience in casino operations. Each had a public profile that gave the board the appearance…
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