Sunday, August 15, 2010

What exactly are John Hewson's own credentials again? #ausvotes

Labor recommends John Hewson as a judge of Tony Abbott’s financial ability.

But what exactly are Hewson’s own credentials, and why would Labor take the advice of a man with this record?:
He has been involved in three companies that have gone belly-up, including dotcom start-up CBD Online, Network Entertainment, which lasted less than one year after burning up nearly $12 million, and, most recently, Elderslie Finance. Elderslie failed in July last year after losing $125 million and leaving its receiver, PricewaterhouseCoopers, able to recover only around 10 cents for every dollar they invested.

Posted via email from Garth's posterous

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