Stocks 'slightly' expensive: Future Fund Oct 22, 2009
Future Fund Board of Guardians chairman David Murray said on Thursday that while the sovereign wealth fund had ``dodged a bullet'' during the crisis, it was preparing to add a higher mix of risker assets to achieve its returns target. Equities have moved from lower than fair value to at, or marginally above, fair value in recent months,'' he said after addressing an Australian Institute of Compa 00004000 ny Directors function in Sydney. (Sydney Morning Herald -- Business)
Sound and fury signify nothing over Telstra call Sep 17, 2009
Communications Minister Stephen Conroy and Future Fund chairman David Murray quickly denied that the fund had been forewarned and, like the shareholder anger over the regulatory change itself, the Future Fund conspiracy theory was defused yesterday by a 4. 2 per cent Telstra share price bounce that reversed Tuesday's fall, as investors realised that Telstra did indeed still have a future. (Sydney Morning Herald -- Business)
Click to read:Yamaha's Rhino: For Some A Deadly Ride Aug 5, 2009
In a deposition in May, 2008, Takanori Suzuki, former project leader for the Rhino, said even now the only reason to include doors is that "occupants are intentionally sticking their legs out in situations involving aggressive driving and abrupt maneuvers.'' A couple of times over the last two years, Yamaha sent letters to Rhino owners expanding on safety warnings. But the product safety commission is investigating whether Yamaha made timely disclosures to the agency of possible safety risks.... (CBS News)
• Get more from BFDealMemo Jul 28, 2009
He should know, since he rewrote the David Murray script himself. The films former focus--the week leading up to the 1967 "Ice Bowl" championship game played between the Packers and Dallas Cowboys in 13 below zero weatherhas broadened into a long rivalry with Cowboys head coach Tom Landry, whose cool demeanor was the exact opposite of Lombardis fire and brimstone. (Variety)
