The High Court’s shock ruling in the James Hardie case that board members are responsible for statements issued by companies has caused pandemonium in business circles. Our exclusive photograph shows the animated response during discussion of the ruling in one of Australia’s top 500 swinging companies. The depressed looking chairman gagged on his banana, another member , renowned for stealing paperclips, attempted to drown himself in a bucket .There was a disgusting display by a chump who licked the morning tea caviar bowl clean, saying he would probably be forced to eat homogenised peanut butter sandwiches from now on.The fourth board member , on $150,000 a year, plus fringe benefits , including free tickets for the elephant ride at Taronga Zoo, said he would be forced to sweep streets if board members had to actually read and understand company reports and not mislead the ASX .
