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From: | "Morgy 40" <morgy40@hotmail.com> |
Date: | Thu, 02 Oct 2003 13:25:24 +1200 |
Marilyn
Wouldnt you agree that consistancy at least has been maintained across all levels of NZ business.That guy that ripped all the bondholders off at metropolis is still a mutil millionaire and most of the poor suffering bondholders are still poor and suffering Look at the current US market at the moment, that guy Spitzer is charging those fund managers with illegal trading, it would never happen here, insider trading is rife. At least the Fay Richwhite thieves had the decency to leave the country and not live in the same neighbourhood that they raped pillaged and plundered. I believe the reason kiwi companies struggle overseas is that they are suddenley not in the club that helped them get away with what they were doing.
1st rule of NZ investment, never trust company accounts
2nd rule of NZ investment, never trust the promoters of a company, either brokers or directors
3rd rule of NZ investment, refer rules 1 & 2
AS someone pointed out yesterday with the 42 below float, the promoters and directors are all being taken care of upfront, time to dump it on the NZ public.
My rant for the day.
PS, could you please rob my branch and steal my overdraft !
Regards
Morgy
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