Wednesday, April 18, 2012

How the mighty have fallen

The "prospectus" for the directors of failed finance companies, who include former ministers of justice Sir Douglas Graham and Bill Jeffries (both former directors of Lombard Finance).

Postscript: Although found guilty of "making misleading statements in documents seeking money from the public between December 2007 and April 2008", Graham and Jeffries were not jailed. The defendants (who also included former directors Lawrence Bryant and Michael Reeves) were all sentenced to community work. Graham and Bryant were further ordered to each pay $100,000 in reparation.

The cartoon from the Manawatu Standard of February 25, 2012.

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