Downside to Russian Drinking Competitions

[Chuck]

Every year on the last business day before Christmas in the Financial Review, Pierpont publishes his awards for the year, most humerous and unfortunately very true. He always saves the best till last with the Winner of the Year:

"To Alexander Nakonechny, who won a vodka drinking competition in November in the southern Russian town of Volgodonsk.

Nakonechny won the contest by drinking 3 half-litre mugs of vidka in quick succession, but unfortunately failed to collect the prize because he then dropped dead on the spot.

Four other male contestants were admitted to hospital and, when last known, were struggling for their lives. A woman contestant was also admittes to hospital but staggered out a few hours later after having her stomach pumped.

Pierpont is nominating Nakonechny for recognition in the annual Charles Darwin Awards, which are bestowed on those individuals who improve the planet's gene pool by leaving it..."

Also the AFR for 31/12/03 has a great article on the demises of Southcorp/Rosemount. RM was never a great producer just being in the right place at the right time. SC was really f***ed over by RM following the reverse takeover with BO et al pocketing $1.5billion for a company worth perhaps $0.5billion. Then they set about stuffing up SC in every possible way.

[TORB]

Also the AFR for 31/12/03 has a great article on the demises of Southcorp/Rosemount. RM was never a great producer just being in the right place at the right time. SC was really f***ed over by RM following the reverse takeover with BO et al pocketing $1.5billion for a company worth perhaps $0.5billion. Then they set about stuffing up SC in every possible way.

Rosemount may not have been a great producer but they certainly knew how to make the most of a good thing. Balmoral may not be "great" but is sure bloody good wine.

In terms of "stuffing up SC in every possible way," I am not sure they did it consciously, it may have been a case of one person doing what came naturally.