Friday, September 3, 2010

Plenty of money . . . under the mattress

"Mr Hubbard" is Allan Hubbard, the founder of South Canterbury Finance — the latest New Zealand finance company to fail. (It was put into receivership on August 31.) The money under the mattress is a reference to the Hubbards' "low-tech" procedures and parsimonious lifestyle, which belied their great wealth. For several nights in a row on national television, we saw them sitting at what appeared to be the kitchen table and leafing through chaotic stacks of documents. They looked like a couple in a home for sufferers of senile dementia.

The cartoon, by Tom Scott, is from The Dominion Post of September 1, 2010.

The Girl with the Dragon Tattoo

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