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Guest Post: The Road to Lonsdale Street – Part 1

Written By: - Date published: 8:34 am, October 13th, 2008 - 41 comments
Categories: uncategorized - Tags: ,

You’re going to love this story.

Pay attention, you’ll need patience and concentration.

It’s got the lot – lies, conspiracy, fraud, theft, and a truly good cover up that has stood the test of time (until now). Let’s begin.

Here’s John Key lying to Claire Trevett:

Mr Key said he left Elders Merchant Finance in 1987 three months before the “H-Fee” was dreamed up and knew nothing of it.

“So Labour is sitting there thinking ‘we’ve got this guy. John Key’s done the Foreign Exchange deal’,” he said.

“Just one small issue: Three months before any of those deals got decided, I had left Elders. I never did the deals I never knew about the deals, and wasn’t involved in them.”

Hmm, that’s pretty categorical isn’t it, possums? Wasn’t there, can’t be involved – end of story.

But no – look what he tells Eugene Bingham eleven months later:

In 1988 Key was on the verge of leaving Elders, unshackling himself from a three-year contract after agreeing to three months “gardening leave” before taking up his new job at Banker’s Trust, newly established in New Zealand.

Well, look at that.

Claire Trevett hasn’t bothered to authenticate her story about Key’s departure date – she could have found out when the H-Fee actually happened, and could have verified his departure date with Elders Merchant Finance – now Hanover Finance – or any of the half dozen or so EMF employees still around, often in other roles.

(You’ll be surprised at some names, possums, but that’s for later).

This tour de force of journalistic incompetence or indolence becomes received wisdom in the Press Gallery and is not picked up by dear old Granny Herald when Key tells Eugene Bingham something closer to the truth eleven months later.

This is that he leaves EMF in 1988.

Eugene Bingham’s digging has been with a teaspoon. He obviously hasn’t read Trevett’s earlier piece, but despite the differing year, he still prints the lie, that Key had left. Isn’t that what Editors tidy up?

Either Granny Herald’s huge political staff is asleep at the wheel, or this “watch dog” has turned into a blue rinsed poodle. Batman charitably favours the former explanation.

Tomorrow: The date of the H-Fee and how the biggest white collar crime of the last century worked.

- Batman

[Update: one of the joy's of The Standard is that, as a loose collective, we can write pretty much what we want without going through any approval process but the drawback is sometimes people stuff up. It relies on a lot of unwritten rules. One of those rules that's now been written pretty firmly is that when we get an email from some joker calling themselves Batman, we don't make them an author. I don't want some random writing whatever they want on a blog with my name on it. But they do have an important story to tell, even if their writing style is a bit esoteric, so we'll give them a guest post to tell it. SP]

[lprent: I was wondering..]

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41 comments on “Guest Post: The Road to Lonsdale Street – Part 1”

1 2

  1. Ms M,

    Brilliant, that puts John Key right in the middle of Andrew Krieger’s attack on the NZ currency and in the middle of a great big lie.

    Wham bam thank you mam.

  2. Oh oops perhaps not.
    I could not connect to the video, Did it mention were he was working?

  3. Fool 38

    Lame.

    Rambling.

    Incoherent.

    Must have come out of the Labour Party Research Unit huh?!

    [lprent: Don't use e-mail addresses (even rubbish ones) in the name field. Changing it to an appropiate name]

  4. Fool 39

    Eve says “I’m a white, middle aged female and being Dutch from another empire building nation but unlike the white middle aged Pakeha male I’m of a generation who has never seen our empire die.”

    What are you saying? That the Dutch still hold dominion over a large portion of the “savage nations”?

    I must say you are quite balanced though – with a chip on both shoulders!

    LOL. Keep fightin the system!

  5. Fool 40

    Oh, and Eve, you are technically a Pakeha, or were you using the term in a racist derogatory way?

  6. Daveski 41

    LP

    Someone needs to at least ask this question. My track record is to snipe from the edges but I clearly have no additional resources, no hidden agendas, and no external connections. I am even happy to provide email etc to back up what you can work out for yourself.

    This episode puts you personally in a difficult position.

    The Batman link appears to provide a direct link between Labour and people on this site. The link should be too uncomfortable for you. I note that some effort has now gone in to change the original batman post.

    I ask this question to allow you to respond and clarify as you seek fit.

    [getting an email from someone does not create a direct link. It just means someone emailed us. SP]

    [lprent: e-mail these days is pretty easy to be anonymous. Just go to gmail. There are e-mails coming in all of the time from many people. That is why there is a anonymous e-mail on the contact us - It says "Please feel free to email us: thestandardnz (at) gmail (dot) com"]

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