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Gareth Morgan references Credit Sails

July 22, 2010

On the 21 July, 2010 Gareth Morgan wrote an article titled, Inadequacy of Code Committee laid bare.  It is an interesting read in general and his mention of Credit Sails is highlighted here:

For example, the magazine Good Returns fielded complaints about portfolios constructed by the firm of committee member Mike Staal, which Consumer had labelled ‘disappointing’ and the promotion of Credit Sails paper by committee member Shane Edmond’s firm has long been the subject of public disdain.

Despite this, Cotton took no further action, casting doubt on the strength of her commitment to ensure the public’s utmost confidence in her committee.

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