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Chris Lee on Credit Sails

November 25, 2011

We recommend viewing Chris Lee’s 17 November 2011 Taking Stock Newsletter as he illustrates the current situation surrounding Credit Sails quite well.  We will allow him to speak for himself but he mentions that investors may still yet receive a payment out of Credit Sails possibly in the tens of millions.

 

We agree with most of what Chris Lee has to say and appreciate his comment as it is well respected in the New Zealand Finance Community.  We also recommend signing up for his newsletter, Taking Stock, as he often says what needs to be said, though few have the wits to publicly do it themselves.

 

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