Wednesday, May 17, 2006

Telecom

So, with more puns than you can shake a stick at, the leaker has been revealed. And what an anti-climax it was after the rumblings throughout the blogosphere and around Wellington water-coolers and newsrooms. Not wanting to be mean, but (now-unemployed) Michael Ryan must be a special kind of stupid to not realise that Telecom's Group Financial Controller wasn't going to be wise on the implications of having such a document, and that he had to do something with it. Not to mention the fact that it's not that too much of a strain on the brains logic systems to figure that stealing the document is illegal, trading with insider knowledge is illegal, and that his friend, Peter Garty, would arise suspicion if he suddenly sold his shares.

It's all over, boys and girls, but try telling that to Gerry Brownlee with his rather pointless calls for a wider inquiry. The reason bureaucracy goes mad, especially at this level, is because too many chiefs have their say into the details. It's over Gerry - time to move onto something important. Like a policy or two.

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