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The Bar For non Automotive Related Chat |
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#1 | ||
KenneBell Australia
Join Date: Nov 2005
Location: Engine building room
Posts: 1,965
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Is this true?? Heard James has pulled the pin on nearly all ties with the family business.......
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Bluepower Racing Developments Proud Australian Distributors of Kenne Bell superchargers The Quickest, The Fastest, The Baddest Boss Blower of all. www.bluepower.com.au |
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#2 | ||
FF.Com.Au Hardcore
Join Date: Aug 2005
Location: Barossa Valley, South Australia
Posts: 3,381
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I heard on the news this morning that the Packers were pulling the pin on funding for channel 9.
Edit: Seems you were right: http://www.abc.net.au/news/stories/2...tion=australia
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Cheers, Sam. |
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#4 | ||
Regular Member
Join Date: Nov 2007
Posts: 219
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He was having heaps of dramas with his casino projects in Macau. Wanting to delay or cancel some of the construction there as well as reduced revenue from those already operating.
Now I'm sure it's an entirely different mindset when you're an ultra high net worth individual, but why doesn't he retire whie relatively young and healthy. Cash out however many $billions he's down to. Then buy Phillip Island, a Veyron and an F6 or GT. What more could a man need? ![]()
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Out of lease ......... what next? |
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#5 | |||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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#6 | |||
I can count to potato!
Join Date: Sep 2007
Location: 127.0.0.1
Posts: 1,374
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AU III XR8 UTE |
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#7 | ||
Meep Meep
Join Date: Mar 2007
Location: Southside
Posts: 1,513
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Church of Scientology orders maybe?
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Thundering on.... |
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#8 | ||
FF.Com.Au Hardcore
Join Date: Jul 2007
Posts: 609
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Bet I know what he is doing - the same as his old man did. Sell's out at the top of the market then buys back for bugger all.
Think about it. Kerrys about to croak, calls james in and says "look, moneys too easy to get atm, sell out to these dumb greedy idiots that want to buy at the top of the market, stay involved for a while then when the market takes a big dive pull the pin so to get everybody spoked and the share price will go even lower. Then when it falls in a heap buy it back and yourself laughing. Then put the chq (that he got paid with initially) up in your toilet so every time you take a you can yourself at the price they paid you. (i think kerry did this with the document from when bondie bought it last time). Now if i could just figure out how to make money with my amazing powers of deduction. |
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#9 | |||
Regular Member
Join Date: Nov 2007
Posts: 219
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Out of lease ......... what next? |
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#10 | ||
FF.Com.Au Hardcore
Join Date: Dec 2004
Location: Canberra Region
Posts: 8,927
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Kerry didnt want James to get his hands on his fortune, He'd knew he'd stuff it up, but didnt really have a choice.
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2016 FGX XR8 Sprint, 6speed manual, Kinetic Blue #170 2004 BA wagon RTV project. 1998 EL XR8, Auto, Hot Chilli Red 1993 ED XR6, 5speed, Polynesian Green. 1 of 329. Retired 1968 XT Falcon 500 wagon, 3 on the tree, 3.6L. Patina project. |
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#11 | |||
FF.Com.Au Hardcore
Join Date: Mar 2005
Posts: 7,694
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I reserve the right to arm bears
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#12 | ||
FF.Com.Au Hardcore
Join Date: May 2006
Location: Brisbane
Posts: 1,053
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Just saw this on the telly, they reckon he's lost something like 1.5 Billion Dollars of his wealth in just one year!
Poor dude's down to his last 2.5 Billion or something ... "how is he going to get by on that?" ![]() |
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#13 | |||
FF.Com.Au Hardcore
Join Date: Jul 2006
Location: Rockingham WA
Posts: 1,234
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Well just look at the way OneTel ended up. I think its more of a stick to what you know kinda thing. He is more into the gambling side of things. But he does know what a hard days work is, his old man made him go on a station in the middle of the NT for a bit of unpaid work experience before he let him have any ventures with money.
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A philosopher is a person who finds a problem for every solution . :Reverend: 95 EF XR8, Advance headers, Vortech V2 t trim blower, Ported Cobra Manifold, Capa Switch Chip Eliminator. 307 rwhp 395 ft/lb 13.2 @ 105mph Now NA- AFR 165 heads, 1.6RR, Ported Cobra 269rwhp 14.2 ... needs stall and 4.11's 1977 CL Chrysler Panel Van, 360, 727 torqueflite auto soon to be restored. |
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#14 | |||
Fiat POWAAH!
Join Date: Nov 2005
Location: Western Australia
Posts: 2,309
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Quote:
I don't think James Packer is Laminge's type ![]() ![]()
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Holden: If you cant beat them, buy them. |
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#15 | ||
Regular Schmuck
Join Date: Dec 2004
Posts: 5,640
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He doesn't have the knack of his father. If I were him, I'd cash out too.
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#16 | |||
FF.Com.Au Hardcore
Join Date: Apr 2007
Location: Miranda, NSW
Posts: 6,771
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2005 BA MK2 FPV GT - 6 SPEED MANUAL , SILHOUETTE, SWISSVAX, SUNROOF, BILSTEIN AND LOVELLS, FACTORY GENUINE 19'S, X-FORCE STAINLESS QUAD CATBACK, ADVANCE HEADERS, 200 CPSI CATS, BLUEPOWER CAI, HERROD BREATHER KIT, 4:11 DIFF RATIO, MAL WOOD OPT 3+ CLUTCH, BILLET SHIFTER, MELLINGS 10227, NOW WITH REVERSE CAMERA/SENSORS, ALPINE SPEAKERS & SUB - CUSTOM TUNED TO 275 RWKW NOW WITH A NEW ADDITION - 2017 MUSTANG V8 GT FASTBACK - , 6 SPEED AUTO IN PLATINUM WHITE, |
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#17 | |||
Cobblers!
Join Date: Mar 2005
Location: The Shire, NSW
Posts: 4,489
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Basically, Kerry Packer brought in John Alexander from Fairfax to try and shake up Channel 9. On his Deathbed, he is reported to have said "keep James and the others out of Channel 9, they're going to f..k the joint". Did they ever. This isn't the first time there hasn't been a Packer at the Nine Network. I'm sure that in a couple of years, James will buy it back. Whether it is for the reduced sum that Kerry got it for we don't know. In the mean time, this can only benefit Seven and Ten, as the viewer exodus from Nine has just begun.
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Ego BFII Ghia Titanium Silver E53 X5 4.4i Gunmetal EF XR6. Now retired from active duty. Roses are red. Violets are blue. OS X rocks. Homage to you. |
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#18 | |||
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Join Date: Mar 2006
Location: Brisbane
Posts: 6,197
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#19 | |||
Cobblers!
Join Date: Mar 2005
Location: The Shire, NSW
Posts: 4,489
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James is the Idiot son who can't live up to his father's legacy. We forget that Kerry Packer wasn't earmarked for Sir. Frank's business. Clyde Packer was groomed for the position only to have a falling out with his Father, and be overlooked when the business was passed on. Kerry was the idiot son, much like his own offspring.
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Ego BFII Ghia Titanium Silver E53 X5 4.4i Gunmetal EF XR6. Now retired from active duty. Roses are red. Violets are blue. OS X rocks. Homage to you. |
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#20 | ||
FF.Com.Au Hardcore
Join Date: Mar 2008
Location: Melbourne
Posts: 10,838
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Not wishing to rebel rouse or anything but unless you have dealt with JP personally how can you vouch for his intellect or lack thereof?
Quite close to the guy who runs one of his European Hedge Funds out of London (in Alternative Investments) and he isnt the fool that you think he is I am sure we can delve into even Rupert Murdochs (and his offspring) past and come up with blunders |
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#21 | ||
GT
Join Date: Apr 2005
Location: SYDNEY
Posts: 9,205
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if i was in his shoes . i'd pull out of stress and live hapilly ever after too . F'''.. THE FAME .
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#22 | |||
FF.Com.Au Hardcore
Join Date: Jul 2006
Location: Rockingham WA
Posts: 1,234
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Quote:
Very true, though once figures are thrown in the air with lots of zero's behind him. he will at least have paid pro's to make decisions for him, if not an educated guess. Though Im sure he cant be dimwitted as he is made out to be, surely there is a god. ![]()
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A philosopher is a person who finds a problem for every solution . :Reverend: 95 EF XR8, Advance headers, Vortech V2 t trim blower, Ported Cobra Manifold, Capa Switch Chip Eliminator. 307 rwhp 395 ft/lb 13.2 @ 105mph Now NA- AFR 165 heads, 1.6RR, Ported Cobra 269rwhp 14.2 ... needs stall and 4.11's 1977 CL Chrysler Panel Van, 360, 727 torqueflite auto soon to be restored. |
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#23 | |||
Barra Turbo > V8
![]() ![]() Join Date: Jan 2005
Posts: 25,768
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Quote:
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-2011 XR6 Turbo Ute - Lux Pack - M6 -2022 Hyundai Tucson Highlander Diesel N Line |
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#24 | |||
Bear with a sore head
Join Date: Dec 2004
Location: Adelaide
Posts: 3,701
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#25 | ||
Regular Member
Join Date: Sep 2008
Posts: 345
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Heard on radio last night he has lost half his money since last year.
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#26 | |||
Meep Meep
Join Date: Mar 2007
Location: Southside
Posts: 1,513
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Quote:
With the amount of money he has tied up in casino's it probably would have been hard for em to stay! I wonder if it went a little like this; Phone call for you James Yes, Hello? James, its ya father, get your out of my television station now Ye ye ye yes sir
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Thundering on.... |
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#27 | |||
ĕm-bär'gō? 2016
Join Date: Dec 2004
Posts: 680
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Quote:
Now if only Ford could crush GM-H like Seven is to Nine... |
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#28 | |||
FF.Com.Au Hardcore
Join Date: Feb 2005
Location: Melb north
Posts: 12,025
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