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
- Forums
- ASX - By Stock
- wellington capital limited news
OCV
octaviar limited
END OF THE WHINE The main online avenue for the 10,500 unit...
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OCV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online