Weldon to be grilled - well done...
Some of Weldon's history at NZX is still shuffling it's way through the courts.
One of New Zealand's leading businessman, Mark Weldon, faces a grilling as a witness when a long running trans-Tasman battle finally heads to court.
On Monday lawyers for NZX, the operator of the New Zealand Stock Exchange, and Ralec, the developers of Clear, a Melbourne-based grain trading business, will gather in Wellington to kick off a judge-alone trial expected to last up to nine weeks.
Both sides are making multi-million dollar claims against the other over the failure of the business, bought by NZX in 2009, to capitalise on the deregulation of the Australian grain industry....
Court proceedings were filed back in 2011, shortly before Weldon announced he was leaving the NZX after close to a decade as chief executive. Since then lawyers for both sides have repeatedly clashed in preliminary hearings, extending the time it has taken to bring the matter to a head.
The battle seems to have a personality clash at its heart, with former Olympian turned high profile businessman Weldon falling out with Ralec directors, former top Aussie rules coach Grant Thomas and Dominic Pym.
I especially liked this Freudian slip n the reportage:
Weldon, who now heads TV3 owner MediaWorks, is expected to face several days in the witness boss over his part in the transaction and subsequent fallout.
Rich people and their egos, eh?
Stuff have just 'broken' this story!
No mention of the fact that they probably are just piggybacking on Radio NZ's picking up your story this morning - damn cheeky if you ask me trying to pass this off as their own work...
House prices double in NZ under Labour, nothing to see here.
House prices double, in Auckland under National, massive problem of unbelievable proportions?
That was then, this is now...
you know, after 8 years of National being in power, calling the shots...
Democracy is not mob rule, in any case.
But they can start from that point...
It’s on my bucket list!
'crate list' surely?
Don't Troy this at home...
Snively seems to have moved on to hand-wringing over having been ignored.
The Cassandra Syndrome?
In the long-term, it may balance out. Hotels who lose custom to AirBnB may close and be converted to resident housing.
I think that's sort of what's going to happen in Chchch: the first flush developers will take a bath on their empty office buildings, and they'll be sold in fire-sales and get converted into apartment buildings (or mixed use as happens in other countries) - despite not being designed originally for such use.
There is a missing component in the transition to intensified living models – interaction education.
I saw a great exhibition of Le Corbusier’s life work at the Pompidou Centre last year – but it seemed to me that his plans were about the buildings and not how to live in them – a big change for rehoused slum dwellers or ex-villagers, anyone really.
I also noted the change in Chhch council housing over the years – last century I used to do a monthly newsletter for the Council Housing Unit, which kept people informed and connected, they organised social events and created a community (heck the Library bus would pull up at least once a week - it doesn't exist now!) – then new brooms swept all that unnecessary expense away (and tried to leap the rents up 25% overnight!) and now we have had neighbours killing each other and living in fear in some of those housing tracts.
Others may have more insight into how they are going these days…
But just what is the ‘bottom line’ for urban dwellers and co-existence?
A fairly significant amount. I also read an interesting article the other day along those lines.
I noticed the problem too, when in an Air BnB in Venice (right by the Biennale sites in 'old Venice') - tricky rubbish collection schedules in a town with no trucks was creating a flashpoint between the original inhabitants and us 'transients' - and in Barcelona there was at least one Air BnB on each floor of the old inner city apartments we stayed in, ditto in Rome - something is gonna have to give, but it may already be too late...
It would have been good to look longer at some of the non-record things there.
Ephemera from the FM-era...