eddy groves should resign, page-4

there's a huge amount of negative bias in the media. note how 2/3 of the article focused on macquarie's underperform recommendation, but there was only 1 line for ABN AMRO's upgrade to buy.

i always opposed this deal as selling the company short. all the analysts were saying if it went through the stock would be re-rated, and now the opposite has happened. by listening to the market abs has destroyed significant shareholder value.

imo abs should tell analysts to shut the f up and should just get on with the job that needs to be done. replacing eddy groves would be a disastrous thing to do.

abs is a long term hold. if they delier in FY09, the stock will be re-rated. i don't see much downside from here.