Albanese and the CFO both ask to not be paid the bonuses for which they were eligible. The reason they were indeed eligible was the majority of the setback in profitability was a writedown on their Alcoa assets. Iron ore profits were well up.

Evidently the executives indicated they purchase of Alcoa assets albeit early in their tenure occured while on their watch and they felt it would be unethical to accept the operations bonus because of the loss from ex items.

Only in Australia you say ...pity!

orgy