Curtain Comes Down On “I, Gina” Show–For Now

Jun 29, 2012
Essential Research

This is worth coming back to from yesterday. The “I, Gina” show has had its show cut short, at least in the Fairfax boardroom.

Though, in the bigger picture of fair treatment, the Fairfax board is nothing to root for when it cuts the jobs of hundreds of workers but the CEO takes no hit, one has to applaud this:

THE board of Fairfax, publisher of the Herald, has rebuffed Gina Rinehart’s bid for a seat because she will not agree to its charter of editorial independence.

In an explosive statement released late yesterday, Fairfax chairman Roger Corbett made his first public remarks on the mining magnate’s attempts to gain seats on the media group’s board, expressing regret an agreement could not be made ”on terms acceptable to the company”.

”I regret that agreement has not been reached for Mrs Rinehart to join the Fairfax Media board of directors. I hope that this might be possible in the future. However key elements yet to be agreed include acceptance of the charter of editorial independence as it stands and the Fairfax board governance principles as agreed by all existing directors,” Mr Corbett said.

Like The Terminator, the “I, Gina” show will certainly be back because satisfying a twisted ego and narcissism is a feat that never ends. But, for now, it’s worth celebrating.


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