All credit & thumies for link ABOVE GO TO Seamisty. Jadel read...

All credit & thumies for link ABOVE GO TO Seamisty.
Jadel read All.. Hutson and Scott declared themselves victims of the MFS collapse, working to oust chairman and former Liberal leader Andrew Peacock. MFS soon went into administration and investors ultimately recovered less than 4c in the dollar.

Hutson’s own outfit Wellington Capital took control of the collapsed company’s largest fund, the frozen Premium Income Fund, presenting herself as a white knight to investors who had tipped almost a billion dollars into what was supposed to be a relatively conservative mortgage fund but had been treated?—?as liquidators’ examinations would later reveal?—?like a slush fund by MFS.