Feltex (FTX) - All over for shareholders

[Balance]

And despite what Joan Withers may think that the directors have been vindicated in the courts, there is still one more leg to go in this sorry saga of corporate greed and obscene disregard for basic ethics and decency - the Supreme Court hearing starting this month.

Anyone following the court case as it went through the High Court and Court of Appeal cannot help but observe the length to which the directors and company went through to hoodwink the market and shareholders.

http://www.nzherald.co.nz/business/n...ectid=11848593

The law is a jackass.