Timberrrrr another finance company falls

Property Finance Group latest to signal trouble – 24 Aug 2007 – NZ Herald: New Zealand Business and Personal Finance News

At this rate the government won’t have to pass any laws to protect investors, all the shonky companies will be gone.

The finance company sector crisis deepened today with a firm that has loans of more than $630 million signalling it is on the brink of collapse.

Christchurch-based Property Finance Group, signalled deep trouble when the board of the NZAX-listed company suspended trading of its shares today.

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As much at home writing editorials as being the subject of them, Cam has won awards, including the Canon Media Award for his work on the Len Brown/Bevan Chuang story. When he’s not creating the news, he tends to be in it, with protagonists using the courts, media and social media to deliver financial as well as death threats.

They say that news is something that someone, somewhere, wants kept quiet. Cam Slater doesn’t do quiet and, as a result, he is a polarising, controversial but highly effective journalist who takes no prisoners.

He is fearless in his pursuit of a story.

Love him or loathe him, you can’t ignore him.