If only you receive 10% of the messages thanking me for my posts. :t_up:
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Chris Lee? Zero credibility. Zero. Zilch. Big '0'.
The Chris Lee who had his own finance companies' rating system which he abandoned and deleted from all sites/records when one after another of the finance companies he rated went under?
The Chris Lee who held Allan Hubbard in the highest esteem and put numerous clients' monies into South Canterbury Finance?
I had a bit to do with assessing South Canterbury Finance in the day and I can tell you that Allan Hubbard was totally out of his depth and treated SCF's funds like he was Santa Claus.
Too many cases and examples of how he simply doled out the money with bugger all documentation and follow up.
https://www.nzherald.co.nz/business/...JOKJRS45PQCV4/
paywalled
Excerpt :
Hubbard, whose parsimonious lifestyle - he lived in a modest home and drove a decades-old car despite being worth $650m at his peak - was in failing health and his 80s when the collapse came, with problems exacerbated by a business style later described by a High Court justice as "less than orthodox" that relied on hand-written ledgers, handshakes and shuffling financial deckchairs.
Fisk said the standout feature of SCF, compared to other failed finance companies he administered, was "a lack of records".
"When we had to go searching for things when litigation was involved, that would be the main difference with the other finance companies: You couldn't find anything to support decision-making," he said.
Hubbard faced a raft of Serious Fraud Office charges over his private investment vehicles, but died in a car crash in 2011 while the SFO was probing SCF. Its owner and chief executive was considered to be a "person of interest".
Hubbard's boardroom colleagues were left to face the SFO music by themselves in a 2014 trial that became one of the country's longest running. The defence largely pinned blame, if there was any conceded, on their dead colleague.
Maybe you misspelt 'copyright' on purpose, to cover for your willingness for others to breach the terms of use for both NZME and Sharetrader, while defending that by saying neither have "no more protection"? All this because you don't like people posting paywalled links and are too miserly yourself to take up a paid subscription of your own.
A long hard road ahead for Labour to win back the working class who were previously staunch Labour voters, come hell or high water.
Pandering to Mahuta, Jackson & the Maori cabal has cost Labour dearly and no thanks to Ardern (spineless & clueless according to Chris Trotter), Labour has ended up losing both the Maori votes as well as the Working Class votes!
https://democracyproject.nz/2023/10/...working-class/
Excerpt :
"Neither Ardern, nor her successor, Chris Hipkins, had the intellectual or ideological sophistication to argue either For or Against the revolutionary ideas contained in the He Puapua Report. Nor did they possess the courage to follow Helen Clark’s example of political intransigence.
Labour made no case for co-governance because it couldn’t. For the previous 40 years it had put “all that Treaty stuff” into the too-hard, or the too-scary, basket. When the sovereignty hand grenade finally exploded, in the second term of the Sixth Labour Government, the best Labour could manage was to blame the resulting injury to the New Zealand body politic on the “racism” of the people whose votes it would need to go on governing.
Unsurprisingly, it didn’t get them. Almost accidentally, Labour discovered what it would take to make the working-class stop voting for it. Not the Pasefika working-class, admittedly, but the “settler” working-class – made up of Pakeha New Zealanders and the children and grandchildren of immigrant workers. Making those citizens feel as though they had, somehow, to justify their right to participate in shaping their nation’s future: that was the crucial catalyst for electoral defection.
Like their European and American counterparts, the New Zealand working-class has completed its historical journey from Left to Right.
And it ain’t going back."
https://www.nzherald.co.nz/resizer/Y...YZ3OQE3DMQ.jpg
https://www.nzherald.co.nz/resizer/R...OAZ3MKUF74.JPG