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I think you might be on the money with that sleep - I have only noticed the one gent working solo for several weeks.
From manufacturing jeans to selling Australian pecan nuts to China, this guy has the business nouse of a cabbage. No wonder The Australian are looking at that angle.
I find it interesting that The Australian appears to be the only MSM that is looking deeply into the Financial and Business affairs.
Others will re-print it (especially the likes of Daily Mail), but because it's an exclusive story they have to wait for a certain time period before they can print it (and cite The Australian as the reference).
I don't think you can say he has the business nouse of a cabbage - A US plan to export Pecans to China was very successful - and Diversifying can be good business.
http://www.pri.org/stories/2015-04-...pecans-which-may-be-bad-news-wild-pecan-trees
Not only US Pecans - Australia as well
http://www.abc.net.au/news/2015-09-24/growing-demand-for-australian-nuts-in-china/6802600
Yes, but (and respectfully) based on their track record they're just not good business people. If they can't make a clothing business work then what makes them think they'll be more successful with nuts?
Yes, but (and respectfully) based on their track record they're just not good business people. If they can't make a clothing business work then what makes them think they'll be more successful with nuts?
Edited to say - I mean no disrespect by insinuating operating a clothing business is easy - I'm sure it's not. I'm just saying that there are a lot of successful Australian owned and operating clothing businesses and as they'd been in the rag trade for a long time through their various businesses I'm surprised they weren't making a lot of money.
Who is the author of The Australian article?
What a complete shambles their business and financial affairs have been been, and are, in. They strike me as people who are in denial about what they actually owe, and who have a "she'll be right" attitude - probably never actually intending to fix things.
I actually feel angry after reading all that. Obviously the extent of their wheelings and dealings have come at a cost to their personal relationships too (going by what's been reported about Karen's former best friend). As for trading whilst insolvent ... it just shows a complete lack of responsibility and respect for the law. I'm sure they knew what they were doing, but just carried on regardless because they thought they could get away with it.
As for the pecan nut business ... I'm speechless. They have a track record of failed businesses, the type that you would expect to do quite well in the Australian marketplace, and they thought they could make something risky like that work? Maybe if they were in the food business they'd have a slight chance of making it work, but even still ...
So here they are living in a $1m+ house - which may or may not be financed to the hilt - driving late-model cars (that VW Tiguan 4WD parked in the driveway wouldn't come cheap, even if it's leased), and spending like there's no tomorrow. Shame on them. You'd think that two people in their late 40s and early 50s would have the maturity to step back and realise they're not cut out to be business owners and they'd be better off working for someone else to make a living. But then that whole matter of keeping up appearances comes in - these people would probably feel too proud to work for someone else.
I don't have any sympathy for their financial or business situations, but I do care about finding Karen. If she has simply wandered off on her own accord and is still alive and well I hope she comes back before The Australian digs up even more dirt (although, I see they've essentially printed what AR has accused her of, so what could be worse than that)?
Ben Butler - Business Reporter and Greg Brown - Journalist
OFF TOPIC: While you sleuthers are waiting on more news on Karen........Bohemian has kindly opened a NEW THREAD FOR SABRINA BREMER.....Burned body found of yet another young Logan woman who went missing.....YET ANOTHER ONE.....WHEN WILL ALL THIS TRAGEDY END....It just keeps coming....SO SAD...
Thanks tiddles. you might want to post a link for those interested in following this case.