Pratt guilty of price fixing: May face AFL Commission p15

Wojee · **Joined:** Mon Feb 28, 2005 8:17 am **Posts:** 35135

The Tyrant wrote:

buzzaaaah wrote:

He'll accept a $30m fine apparaently.

:evil:

That should be Carlton money.

Pocket money for Pratt, I'm guessing.

He'd scrounge that up from the loose change in the centre console of his private jet.

bluehammer · **Posted:** Mon Oct 08, 2007 11:24 am

How are we going to pay Judd's 1st year salary now?

Pafloyul · **Joined:** Sun Jun 26, 2005 8:15 pm **Posts:** 4842

7dominator wrote:

Melvey wrote:

what ramifications could this if any have on our club.

with the pub deal going down and now this why have i got this feeling things aint as rosey as they seem.

i mean, we made a profit this year due to hand outs (2.2 million) from the AFL and 2 million from the raheen fund raiser and im sure a few more have been tipped.

the redelopment has yet to begin, been in the pipe line for over 2 years

i am gratefull that the club is in a much better position and with smorgy gone alot has gone on.

but i just got this bad feeling for some reason especially when your president has been found guilty of price fixing (which i know goes on in the business world)

i just dont hope it tarnishes some of the so called 'announcements' to be made in the future.

http://www.theaustralian.news.com.au/st ... 01,00.html

I suspect Melvey should change his nick to " Chicken Little"

The sky is falling, the sky is falling!

You would have to be the most negative poster on this site.

Either that or you are a Collingwood supporter stirring the pot.

Which is it Eddie?

Er hmm...

TheBluesMuse · **Joined:** Tue Oct 18, 2005 9:27 pm **Posts:** 5270

Pafloyul wrote:

Er hmm...

79Vintage · **Joined:** Mon Feb 28, 2005 10:59 am **Posts:** 1971

Naughty Dick.

DenimUndies · **Posted:** Tue Oct 09, 2007 7:07 pm

Well Even the prime minister of Australia has come out to defend Mr Pratts integrity

blueman · **Joined:** Mon Feb 28, 2005 6:28 pm **Posts:** 2220

We did have a previous president that had no remorse whatsoever, even in the face of overwhelming evidence.

Now we have a President who is prepared to admit blame. and take responsibility.

Price fixing in this manner is a form of theft from consumers. Around $700 million creamed off the top from consumers of cardboard boxes and packaging - many of which were companies.

Shouldnt be seen as connected with football, but will be a hard to remove stain on his reputation - Id say that Richard needs Carlton to help in the slow rehabilitation of his standing. A successful Carlton in the near to medium term would speed this process up a fair bit.

camel · **Posted:** Tue Oct 09, 2007 8:26 pm

DenimUndies wrote:

Well Even the prime minister of Australia has come out to defend Mr Pratts integrity

Is that like the coach having the "full support of the board"? :shock:

bosman · **Posted:** Tue Oct 16, 2007 10:58 am

36 Mill fine.

http://www.news.com.au/heraldsun/story/0,21985,22591969-661,00.html

What a waste of money, could have been pumped into Carlton.

ryan2000 · **Posted:** Tue Oct 16, 2007 11:03 am

What a @#$%&! disgrace........................

I wonder if Caltex, Mobil and BP are gonna be hit with a fine for their admission of Price Fixing......................... I HIGHLY DOUBT IT!

:evil:

If Cardboard boxes were taxed, NO DOUBT Pratt would have escaped with barely a warning!

bosman · **Posted:** Tue Oct 16, 2007 11:06 am

Exactly Ryan, Petrol companies have been price fixing for years.

DocSherrin III · **Joined:** Tue Mar 29, 2005 2:09 pm **Posts:** 17229

Quote:

What a flower disgrace..

It's not a #%*! disgrace at all...you need to distance yourself from Richard Pratts associattion with the Carlton Football Club and take it on the chin like he is. It was a bad move by him and his executives and whilst I believe their claim in that they were hoping to take advantage of Amcor - they didn't think of how this could backfire on them in a big way.

Now that it has backfired - it's the class action lawsuit against Visy that's going to sting a little bit. With regard to Petrol companies and price fixing - the ACCC can only do so much...it becomes an issue for the courts to decide at the end of the day if indeed it gets that far.

Is this all related to the Carlton Football Club - no. Will it affect us going forward - i think not. We've all been witness to the swift stamp he has placed on the Carlton Footy Club and i for one am keeping notes that stretch many pages - it's entitled "Richard Pratt and the Carlton Football Club - How to leave a Legacy - Part 1"

blueboy8 · **Joined:** Fri Mar 04, 2005 1:13 pm **Posts:** 972

I heard the laws have changed recently regarding what Mr Pratt company is charged for.

If he was convicted of the same offense this year he could face a jail term. So I think if he is found guilty he will more then happily pay it.

Jez1966 · **Joined:** Mon Feb 28, 2005 6:42 pm **Posts:** 2833

So Amcor is Mr Pratts Stephen O'Reilly :twisted:

Rocco Iguana · **Joined:** Thu Mar 01, 2007 9:37 pm **Posts:** 1362

hey Mods, more a Talking Stuff thread that in talking Carlton me thinks

Heavs · **Posted:** Tue Oct 16, 2007 1:14 pm

I think he should have copped a much bigger fine. In America he'd be in jail.

ryan2000 · **Posted:** Tue Oct 16, 2007 1:15 pm

Dr.SHERRIN wrote:

Quote:

What a flower disgrace..

It's not a #%*! disgrace at all...you need to distance yourself from Richard Pratts associattion with the Carlton Football Club and take it on the chin like he is. It was a bad move by him and his executives and whilst I believe their claim in that they were hoping to take advantage of Amcor - they didn't think of how this could backfire on them in a big way.

Now that it has backfired - it's the class action lawsuit against Visy that's going to sting a little bit. With regard to Petrol companies and price fixing - the ACCC can only do so much...it becomes an issue for the courts to decide at the end of the day if indeed it gets that far.

Is this all related to the Carlton Football Club - no. Will it affect us going forward - i think not. We've all been witness to the swift stamp he has placed on the Carlton Footy Club and i for one am keeping notes that stretch many pages - it's entitled "Richard Pratt and the Carlton Football Club - How to leave a Legacy - Part 1"

No..................I'm sorry............but it IS a @#$%&! DISGRACE!

Pratt - Guilty of Price Fixing - $30million fine
Caltex - Guilty - $0 fine
Mobile - Guilty - $0 fine
BP - Guilty - $0 fine.
etc etc etc etc............

That = A @#$%&! DISGRACE!

I read somewhere that Pratt's price fixing could have potentially cheated business out of (Maybe) $700million.
BLOODY HELL..................... :shock:

That's a fair bit!!!!!!

That's ALMOST as much money as petrol companies take off consumers each @#$%&! week!

My grandma used to say "What's good for the goose....................."

Sadly, not in this situation (or so it seems)

Headplant · **Posted:** Tue Oct 16, 2007 1:31 pm

Heavs wrote:

I think he should have copped a much bigger fine. In America he'd be in jail.

It's a civil case, not a criminal case.

79Vintage · **Joined:** Mon Feb 28, 2005 10:59 am **Posts:** 1971

$36 million dollar fine.

Chicken feed next to the $300 million class action which Pratt will now face.

garth p · **Joined:** Wed Jun 22, 2005 9:27 pm **Posts:** 275

Richard Pratt sincere regrets on price fixing
http://www.news.com.au/heraldsun/story/ ... 61,00.html

. :garthp:

Pratt guilty of price fixing: May face AFL Commission p15

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