Media watch – Wednesday

19 April 2017

MediaWatch

Media Watch is a focus on New Zealand media, blogs and social media. You can post any items of interested related to media.

A primary aim here is to hold media to account in the political arena. A credible and questioning media is an essential part of a healthy democracy.

A general guideline – post opinion on or excerpts from and links to blog posts or comments of interest, whether they are praise, criticism, pointing out issues or sharing useful information.

As usual avoid anything that could cause any legal issues such as potential defamation or breaching suppression orders. Also remember that keeping things civil, legal and factual is more credible and effective.

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13 Comments

  1. Reply
  2. Blazer

     /  April 19, 2017

    smooth operator…..less than 1/2 cent in the dollar for those….rinsed’..Forex Brokers…should have got John Key on board,forex is his …forte…

    ‘”I have over 20 years experience in the foreign currency industry and will combine this experience with an extremely high level of business integrity and customer service … I would like the opportunity to partner with you to professionally manage your forex needs. Feel free to contact me to discuss your particular requirements.”Russell Maher…managing director.

    Reply
    • Gezza

       /  April 19, 2017

      More …

      Queen St forex broker goes under
      An Auckland-based foreign exchange broker has collapsed, leaving dozens of customers owed more than $1 million facing “significant” losses.
      Forex Brokers was established in 1995 and had an office in the Dingwall Building on Auckland’s Queen Street.

      Liquidator Christopher McCullagh said while he had only recently been appointed and was still preparing his first report, he had been contacted by more than a dozen creditors and the amount owed was “certainly in excess of a million”.

      He said the company appeared to have insufficient assets to meet claims: “It would be fair to say there’ll be a significant shortfall to creditors.” McCullagh said creditors of the company ranged from commercial operators to people sending personal savings abroad, and many had a long association with Forex Brokers.

      The Herald understands customers of the company – which offered spot FX transactions, and offshore bank drafts and telegraphic transfers – ran into problems only recently. One customer told the Herald while the company had proven reliable in the past, a recent transfer of funds to China did not arrive at its destination.

      A spokesman for the FMA they had received three recent complaints about Forex Brokers, but the company offered services – spot foreign exchange transactions – that did not fall under its regulatory umbrella.

      http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11836114

      Reply
      • Blazer

         /  April 20, 2017

        and some more from the Herald today…

        ‘”He told me ‘We’ve got some investment opportunities, and Russell’s very clever and making healthy returns,” he said.

        The creditor said there were red flags he was “naive” to have ignored in hindsight, including not have any written contracts or any regular balance updates.

        “I was doing it on trust. I feel like a ****ing idiot. You should be able to trust anybody you’ve been dealing with for years,” he said.

        The FMA, which has previously said Forex Brokers didn’t fall under its regulatory umbrella, expressed concern to the Herald over the characterisation of some of the losses as “investments”.

        yes Forex is a gamble not an investment…..I can think of one particularly lucky…forex gambler,adored by …many.

        Reply
  3. Nelly Smickers

     /  April 19, 2017

    Sounds *quite good* to me 😄

    Reply
    • So, any bets on the identity of the VVIP who is visiting Queenstown this week end? My guess is US VP PENCE though speculation includes Former US President OBAMA. No prize for correct guess, just awe!

      Reply
      • Blazer

         /  April 19, 2017

        I think it may be one of the real housewives of….Beverly Hills.

        Reply
        • Corky

           /  April 19, 2017

          Perhaps you may get Obama’s signature, Blazer. Even JK’s while you are at it. Good things always happen around ‘THE RIGHT.”

          Reply
      • Nelly Smickers

         /  April 19, 2017

        @ BJ

        Wayne’s betting it’s *dollars to knobs of goat poo*…..

        Reply
        • Corky

           /  April 19, 2017

          Good Lord… it looks like they have just seen President Trumpy ”white eye” them.

          Reply
  4. I just watched a story on TV news.. 3 people in Akld. totally ‘wasted’ from reportedly smoking ‘synthetic cannabis’. 2 were slouched on a bench, the other was laying on the ground.. frothing at the mouth. A passerby stopped to offer assistance, else he may have died ?

    Dunne having stated Synthetic cannabis is ‘LOW RISK’ (when they temporarily legalised the CRAP, a few years ago) & the natural herb is not . I wonder whether anyone actually, still believes him ?

    I’ve never seen anyone ‘high on the herb’ looking like that !!

    More Total Disinfo. from this Govt.

    Reply
    • Corky

       /  April 19, 2017

      Yeah, I saw that Zedd%. That guy lying on his back would probably have died like you say if it hadn’t been for that passerby. They were beyond wasted. I thought they were dead.

      Reply
  5. Blazer

     /  April 19, 2017

    no change…self regulation and..trust..whenever has that gone ..pear shaped ..before!

    http://www.stuff.co.nz/the-press/news/91719095/acc-not-reviewing-procedures-after-doctor-suspended-for-making-false-claims

    Reply

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