Mikie Posted January 14, 2023 Share Posted January 14, 2023 On 1/13/2023 at 9:43 AM, Chief Stipe said: @JJ Flash is still in cookie bear land. Probably still believes McKenzie did a great job restructuring the TAB. I'm not saying DM did CC a great job of restructuring, but in hindsight he did a better job of keeping a rein on expenses compared to the current CEO Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted January 14, 2023 Share Posted January 14, 2023 24 minutes ago, Mikie said: I'm not saying DM did CC a great job of restructuring, but in hindsight he did a better job of keeping a rein on expenses compared to the current CEO He didn't actually. He used smoke, mirrors and a financial slight of hand to shift expenses off the balance sheet and onto the codes. He had an opportunity to restructure the contracts of the big expenditure items when the TAB was insolvent. He got a bail out instead from the Government and then bailed out himself. Like a lot of NZ Racing administrators they look after themselves first. Quote Link to comment Share on other sites More sharing options...
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