GASP: Red, red whine

Treasury Wine Estates' writedown woes are enough to drive shareholders to the bottle, while Coalition backbencher Andrew Laming skulls for Australia – much to Tony Abbott's chagrin.

One word describes the look on the faces of Treasury Wine Estates’ shareholders this week: pained. More pained than John Boehner in the background of President Obama’s State of the Union. More pained than Barnaby Joyce when Team Credlin informed him he was the lucky Coalition representative for ABC’s first Q&A of the year. Pained.

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