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Yes, Fatboy, my greatest sympathies indeed. This does show, though, that even people who have business experience fall for slick sales pitches too. I just went to a presentation in London last week were they were flogging off the plan units in Melbourne. I could see the gaps where they were...

Surely financial planning is a two way street? The investor can't plead stupidity and say 'I thought it was safe because my fin planner told me so.' Mezzanine finance is a legitimate but riskier (compared to, say, term deposits) form of investing. As usual the media picks the most extreme...