05 Mar 2010
Can We Trust the Investment Statement?
Investors should be entitled to trust the information provided in an investment statement. After all directors have signed and certified the truthfulness of what has been presented, and there is information signed off by auditors and the accountant. Investment statements were only introduced a few years ago. Someone during the reign of the last Labour Government in their supposed wisdom decided that investors only needed to be presented with an investment statement.
26 Feb 2010
Blending Families
You may have been dating someone for over a year and things are going really well so you’ve decided that you want to move in together. All you need to do is sell your house, move into his/her’s and book the moving truck. It sounds easy, but it’s not quite that simple if you want to protect your finances.
19 Feb 2010
Justice for Investors
This week saw the depositions hearings begin in a case being brought against the former directors of Bridgecorp. While investors will not benefit from the outcome of the case, they will undoubtedly take delight in the images of former directors sweating it out in the courtroom. These directors lived the high life, and obviously took great delight in living off the proceeds of what effectively was a Ponzi scheme, the scale of which had never before been seen in New Zealand.
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