Looks like Mr Alan Bond may have passed away..rip..
http://www.9news.com.au/national/2015/06/05/03/35/bond-remains-critical-but-stable-family
http://www.9news.com.au/national/2015/06/05/03/35/bond-remains-critical-but-stable-family
Alan Bond..
- Thread starter willair
- Start date
Bondy is a legend - he made (& lost) $billions & won the mug. He put a country town on the map.
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It certainly sticks in my throat to hear someone lauded like this who was found guilty of fraud in siphoning off over one billion dollars from Bell Resources and caused so many to lose their life savings. Many creditors ended up with half a cent in the dollar in bankruptcy proceedings - I reckon a few of them might be raising a glass today.
For me, the narrative that "he was a national hero with a few flaws" doesn't cut it. He was a corporate criminal of record proportions, using other people's money for his own ends, including building his personal profile - which clearly worked! It galls me that so many still can't see through it.
Nevertheless, RIP Alan Bond.
everyone wants to bury a hero.
Australia will remember bond for ever, his inspiration of a nation, zero to a billionaire, donated millions to medical research, bond university just to name some of his many contributions to Australia, The cup.This man put us on the map.He wasn't perfect but who is,he &*()*^ up and paid the price,did his time and moved on.All the knockers should show a bit of respect. RIP Alan Bond.
They were only greedy people thst lost money anyway.
Greedy people that didn't have the courage to have a go themselves so decided to do it on his coat tails.
He did a lot of good things for the West and Australia in general.
Greedy people that didn't have the courage to have a go themselves so decided to do it on his coat tails.
He did a lot of good things for the West and Australia in general.
Sure you wouldn't be saying the same thing of it was your family that went bankrupt because of him ripping the guts out of the company he owned 70% in.
That is an absolute cop out..
You don't have the slightest clue what you are talking about.
if one public company going down is going to bankrupt you then "a fool and their money were lucky enough to get together in the first place"
reminds me of people that extend 30 day+ credit to $2 companies and then cry when they do their dough. If you can't afford to lose it, don't extend the credit
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Very naive and simplistic viewpoint.
Justifying the actions of a crook via bad investment decisions of shareholders..
4 years for the theft of $1200 million over many years and they call it justice. "He did his time" etc by the same people egging on the executioners in other threads. I just don't understand... He did massive damage in his life.
Many of the substantial things he did, the "achievements" he is being remembered for, was with money he stole or defrauded from others. He was no self made billionaire - rather a billionaire thief. Would he be lauded if he walked into banks and servos and robbed them at gunpoint? Yet his method was far more subtle and devious than that - as well as devastatingly more effective.
And here we are in this very thread blaming the victims for letting their money get stolen in what they thought and were assured was a rock solid investment? For those with short memories Bell Resources was "blue chip". We only know about the need to diversify because of the stories of people whose lives were shattered by people like this. Blaming the victim - from the same school of thought that blames rape on short skirts or would let drug traffickers go free because it's all the user's fault after all...
Condolences to the family nevertheless at this time.
Many of the substantial things he did, the "achievements" he is being remembered for, was with money he stole or defrauded from others. He was no self made billionaire - rather a billionaire thief. Would he be lauded if he walked into banks and servos and robbed them at gunpoint? Yet his method was far more subtle and devious than that - as well as devastatingly more effective.
And here we are in this very thread blaming the victims for letting their money get stolen in what they thought and were assured was a rock solid investment? For those with short memories Bell Resources was "blue chip". We only know about the need to diversify because of the stories of people whose lives were shattered by people like this. Blaming the victim - from the same school of thought that blames rape on short skirts or would let drug traffickers go free because it's all the user's fault after all...
Condolences to the family nevertheless at this time.
