END OF THE WHINE
The main online avenue for the 10,500 unit holders in the MFS-founded and now Jenny Hutson-managed Premium Income Fund to vent their spleen, share gossip and air their grievances has been deactivated.
After more than 9000 posts, about one million thread views and more than three years since its first posting, the administrator of the Aussie Stock Forums website has shut down its ''thread'' related to Wellington Capital.
''The reason for the removal is due to continued threats of defamation action against this forum by Jenny Hutson and Wellington Capital,'' the website's administrator said in a message to several members of the forum over the weekend.
''This is not my battle and the Wellington Capital thread is peripheral to ASF's core purpose.''
Over the years, the Wellington thread on the forum has coughed up a lot of information on Hutson and her management of the shrunken mortgage fund that at its peak held about $1 billion of unit-holder deposits.
The thread for example was quick to report of the hiring of extras (at $26.63 an hour) for a unit-holder meeting in June, where an alternative investment manager was seeking support to dump Hutson's Wellington as the manager of the Premium Income Fund.
Read more: http://www.smh.com.au/business/macquarie-gets-into-a-mud-fight-20111205-1ofgi.html#ixzz1fh9SKDCc
OCV
octaviar limited
