owen hegarty article, page-3

ville good post but you got me boiling now grrrrrrr.

Why bother interviewing anyone when you're either only willing to ask soft pussy questions or if the interviewee isn't going to answer in anything other than glowing terms about himself

Asic "could" also be accused of going soft - the simple question that I have is....
Did he ever produce documentation to show that he had a margin call? My guess is "no" because it never happened
And also did he know/realize there was a loan funding problem? Which he has to answer "no" to otherwise he would be open to litigation - but "yes" would mean that he had his eye well and truly off the ball.

He was able to get his funds out at a time when he knew the probable fate of the company whilst every other poor bastard had their funds locked up and faced a pretty bleak uncertainty. It was always his choice to take options rather than an inflated salary - now he wants us to view it with his very own rose-coloured glasses and see the termination payment as consideration for his forbearance
For the brazen, blowhard, optimistic genius that he sees himself as I can tell you he's a poor gambler - he gambled and he lost and it was only the generosity of the OZL casino that got him out of the "smelly stuff" with a charity handout.
Final word - I'm extremely glad his net worth is no longer 100m+ but extremely disappointed that he is still worth 12.5m+ and that a big + as well make no mistake. I can't see the poor bugger missing any lobster meal, unless it's his choosing.

What a disgrace.