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  1. #1
    Dilettante
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    Quote Originally Posted by winner69 View Post
    NZ CEO shown the door

    http://nzx-prod-s7fsd7f98s.s3-websit...104/301740.pdf

    “characterisation of the expenses” is an interesting term
    The "Smiling Assassin" strikes again. Must be pretty serious with Hisco agreeing to forfeit $6.4 M in shares.

  2. #2
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    Quote Originally Posted by iceman View Post
    The "Smiling Assassin" strikes again. Must be pretty serious with Hisco agreeing to forfeit $6.4 M in shares.
    Indeed, as would imagine that his expenses (ordinarily) wouldn't have been looked at too closely and would have been reasonably hefty anyway, given CEO of a large bank.

    Maybe he just built the deck before he had the shares to sell??

  3. #3
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    Quote Originally Posted by Sideshow Bob View Post
    Indeed, as would imagine that his expenses (ordinarily) wouldn't have been looked at too closely and would have been reasonably hefty anyway, given CEO of a large bank.

    Maybe he just built the deck before he had the shares to sell??
    I suspect there will be more to it, when I was in my corporate career, want to exit an executive...look at their credit cards...always find something there to provide the final nudge.
    Last edited by Raz; 17-06-2019 at 12:47 PM.

  4. #4
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    Quote Originally Posted by Sideshow Bob View Post
    Indeed, as would imagine that his expenses (ordinarily) wouldn't have been looked at too closely and would have been reasonably hefty anyway, given CEO of a large bank.

    Maybe he just built the deck before he had the shares to sell??
    The talk is of exaggerated expenditure on corporate cars and wine storage among others !!!

  5. #5
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    Quote Originally Posted by Sideshow Bob View Post
    Indeed, as would imagine that his expenses (ordinarily) wouldn't have been looked at too closely and would have been reasonably hefty anyway, given CEO of a large bank.

    Maybe he just built the deck before he had the shares to sell??
    Looks like he did more than build a deck. Bought John Keys Omaha bach, last year. I see JK's old mate Ken Whitney ala the foreign trusts was mentioned in the article also.

    https://www.nzherald.co.nz/business/...ectid=12241168
    Last edited by okay; 17-06-2019 at 03:29 PM.

  6. #6
    Legend
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    Quote Originally Posted by okay View Post
    Looks like he did more than build a deck. Bought John Keys Omaha bach, last year. I see JK's old mate Ken Whitney ala the foreign trusts was mentioned in the article also.

    https://www.nzherald.co.nz/business/...ectid=12241168
    Mainly grass out front....needs a deck.....

  7. #7
    Speedy Az winner69's Avatar
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    Quote Originally Posted by okay View Post
    Looks like he did more than build a deck. Bought John Keys Omaha bach, last year. I see JK's old mate Ken Whitney ala the foreign trusts was mentioned in the article also.

    https://www.nzherald.co.nz/business/...ectid=12241168
    And john’s Memory remains hazy ....
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #8
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    Quote Originally Posted by okay View Post
    Looks like he did more than build a deck. Bought John Keys Omaha bach, last year. I see JK's old mate Ken Whitney ala the foreign trusts was mentioned in the article also.

    https://www.nzherald.co.nz/business/...ectid=12241168

    K W, is not J K;s " old mate " it is purely professional as he is his lawyer and Im picking a trustee of John blind trust that was in effect while John was P M and that relationship worked very well ( legally ) so would remain, NO SMOKE HERE !!

  9. #9
    Legend peat's Avatar
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    Quote Originally Posted by okay View Post
    Bought John Keys Omaha bach, last year.

    https://www.nzherald.co.nz/business/...ectid=12241168
    Odd isn't it? Teflon John always seems to be making deals which are clean but somehow have a whiff of fish (probably flounder from Omaha), but nothing obviously illegal. I do suspect one day he will be smoked out.
    For clarity, nothing I say is advice....

  10. #10
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    Quote Originally Posted by peat View Post
    Odd isn't it? Teflon John always seems to be making deals which are clean but somehow have a whiff of fish (probably flounder from Omaha), but nothing obviously illegal. I do suspect one day he will be smoked out.
    Never had smoked flounder.....probably OK.

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