THE DISTILLERY: Lease licked

Jotters consider the market's reaction to Lend Lease's latest announcements, with one saying an attempt at positive spin backfired.

Lend Lease copped some punishment from the market thanks to a picture that boss Steve McCann painted that was probably a shade or two darker than he intended. Two commentators take pretty similar lines analysing this story.

Also in this morning’s edition of The Distillery, National Australia Bank boss Cameron Clyne could hardly care less about the Coalition’s plans for a financial industry inquiry.


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