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  "documentTitle": "BHP Billiton (BHP)",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott",
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  "presentationDate": "2017-05-16 00:00:00",
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  "notes": "Uses a waterfall-style chart to illustrate value destruction from initial investment to current valuation.",
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      "text": "78% of value destroyed (-29% IRR)",
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      "text": "As an immediate first step, we call on management and the board to initiate an in-depth, open and truly independent review of BHP’s petroleum business, to be overseen by a committee which includes management, shareholder representatives and outside experts, with full disclosure of all results on a timely basis",
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