What has Fonterra learned?

January 23, 2009

What would Fonterra have done differently before investing in China if the company could have foreseen the melamine poisoning which killed at least six babies, poisoned tens of thousands of others and has led to the chair of Sanlu, Tian Wenhua,  being sentenced to life imprisonment  and two men who supplied melamine being sentenced to death?

The answer to that hypothetical question probably doesn’t matter.

But what Fonterra has learned from the experience does matter  if the company has any thoughts of investing in China in the future.

It’s a vast country with a very large population which means there are big opportunities for investment, but the Sanlu experience shows there are also huge risks.


To a Louse

January 23, 2009

Scots and others who appreciate things tartan, including Robert Burns, will be celebrating the 250th anniversary of the Scottish bard’s birthday on Sunday.

That prompted this choice for Friday’s poem.

It’s To a Louse and the last verse is oft quoted, for very good reason.

I found it in The Illustrated Family Burns,  published by William Mackenzie. It’s an old book which my father gave me.

burns

 To A Louse                

                 
 
 

 

Ha! whaur ye gaun , ye crowlin ferlie ?

Your impudence protects you sairly ;

I canna say but ye strunt rarely,

Owre gauze and lace;

Tho’, faith! I fear ye dine but sparely

On sic a place.

 

Ye ugly, creepin, blastit wonner ,

Detested, shunn’d by saunt an’ sinner,

How daur ye set your fit upon her —

Sae fine a lady?

Gae somewhere else and seek your dinner

On some poor body .

 

Swith ! in some beggar’s haffet squattle ;

There ye may creep, and sprawl, and sprattle ,

Wi’ ither kindred, jumping cattle,

In shoals and nations;

Whaur horn nor bane ne’er daur unsettle

Your thick plantations.

 

Now haud you there, ye’re out o’ sight,

Below the fatt’rels , snug and tight ;

Na , faith ye yet! ye’ll no be right,

Till ye’ve got on it —

The verra tapmost , tow’rin height

O’ Miss’ bonnet.

 

 My sooth! right bauld ye set your nose out,

As plump an’ grey as ony groset:

O for some rank, mercurial rozet ,

Or fell , red smeddum ,

I’d gie you sic a hearty dose o’t ,

Wad dress your droddum .

 

I wad na been surpris’d to spy

You on an auld wife’s flainen toy ;

Or aiblins some bit dubbie boy,

On’s wyliecoat ;

But Miss’ fine Lunardi ! fye!

How daur ye do’t?

 

O Jenny, dinna toss your head,

An’ set your beauties a’ abread !

Ye little ken what cursed speed

The blastie’s makin:

Thae winks an’ finger-ends, I dread,

Are notice takin.

 

O wad some Power the giftie gie us

To see oursels as ithers see us!

It wad frae mony a blunder free us,

An’ foolish notion:

What airs in dress an’ gait wad lea’e us,

An’ ev’n devotion!

 – Robert Burns –


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