Another Finance Company bites it

Panic behind scenes despite LDC claims – 05 Sep 2007 – NZ Herald: New Zealand Business and Personal Finance News

Just days after telling the Securities Commission that it was in sound financial health, LDC Finance and their trustees called in the receivers.

It seems that there was a run on investors wanting their money back that caused the company to collapse.

Watch this happen to other finance companies as fear and panic sets in.

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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.  And 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 that takes no prisoners.

He is fearless in his pursuit of a story.

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

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