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The U.S. bank executives are a bunch of cowards and sell outs.    

Excellent judgement by the Tyro Board rejecting several deficient flawed offers by Westpac. The idea a 20-year established Acquirer with a top tier modern technology stack and substantial track record and revenue steams could be acquired for about US$600 million seems laughable. What were you thinking Westpac?

Kudos to the Collisin brothers for addressing this layoff ethically and honestly, and admitting an executive MC level error. FIS deservedly lost 1/3rd of its market cap today, stock down 29%, over CEO / MC and Board level fumbles. Fiserv has thrown out 100s of highly experienced people out all year long, no senior exec courage or integrity to come out with announcement or admit their own mistakes. If you hold all the authority at the top, you have all the responsibility. The Collisons get that, bravo.