Saturday, 2 January 2016


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It is very interesting that William Lund was nominated for the position of chairman of Lloyds, but withdrew. The Inquiry was due to convene in December and I cannot help wondering if this played a significant role in Lund's decision. If Lund had taken up chairmanship, it would have shone a spotlight on his position of leverage and in light of the Waratah's stability issues, possibly created unwanted speculation in the press. His son, F. W. Lund, represented the owners at the Inquiry, further suggesting that efforts were made to remain under the radar as far as was possible. 

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