– launched this week at an ego-appropriate venue, the United Nations headquarters in New York – the investment bank’s analysts became convinced they were witnessing a point of corporate inflection.
That’s real money, as they say, for a business that deposited $6.7 billion into shareholders’ accounts last year. As the biggest recipient, maybe Forrest feels so rich he’s gotten tired of money. If so, he’s the only one. The special presidential envoy on climate, John Kerry, launches the First Movers Coalition in Glasgow last November. Andrew Forrest was present for the launch.In that case, Fortescue shareholders may not ring and complain: Which lunatic thought an iron-ore train could run on gravity?
A Musk facilitator or unrecognised tech guru? A feminist beacon or hard-edged business leader? And was auto-correct responsible for a Telstra finance chief becoming Tesla’s chairman?
The biggest scammers around. A coincidence? Certainly not
Yes. Check out how much Fortescue has received in government grants over the last few years to chase his Hydrogen plans. I am not saying there isn’t merit to some of his ideas, but he is not an evangelist for the environment. He is a businessman making a hell of a lot of money.
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