The Crown v Gerard Baden-Clay, 7th July - Trial Day 15

[Amee]

Caroline Overington ‏@overingtonc 1m

The defence says that the Baden-Clay's position was actually positive #badenclay

Their personal assets were healthier still #badenclay

 

[Freya1977]

Sarah Elks ‏@sarahelks 32s
Defence says #badenclay not in personal financial strife. "Do the math." Personally he was up $500k in assets over liabilities.


David Murray ‏@TheMurrayD 51s
Business side had liabilities - defence #badenclay

 

[samanthaj]

12:51pm: Mr Byrne has displayed to the court a balance sheet documenting Mr Baden-Clay's asset

The spreadsheet shows Mr Baden-Clay had a "net asset position" of $74,663.11.


Read more: http://www.brisbanetimes.com.au/que...y-15-week-5-20140707-3bhb6.html#ixzz36kP7ap4Y

 

[JK673]

Kate Kyriacou @KateKyriacou · 26s
Byrne says Gerard's finances were structured personal v business. #badenclay

Kate Kyriacou @KateKyriacou · 1m
Byrne is reading figures where assets exceed liabilities. "Pretty healthy," he says. #badenclay

Kate Kyriacou @KateKyriacou · 15s
Byrne says Gerard had "substantial person assets" at the time. #badenclay

Is the defence for real thinking the finances were pretty healthy??? Mr Byrne must find it hard keeping a straight face

 

[Freya1977]

David Murray ‏@TheMurrayD 53s
That tells us Gerard had substantial personal assets at the time - defence #badenclay


Katrina Blowers ‏@katrinablowers 54s
Defence says #badenclay's personal assets were in the black and were substantial at April 2012. @7NewsBrisbane

 

[Amee]

Sarah Elks ‏@sarahelks 1m

Defence says #badenclay not in personal financial strife. "Do the math." Personally he was up $500k in assets over liabilities.

 

[JK673]

Kate Kyriacou @KateKyriacou · 38s
Byrne says Gerard had confidence that he could find the money to pay for the rental side of the business. #badenclay

Kate Kyriacou @KateKyriacou · 17s
Byrne says once you look at the evidence, Gerard wasn't under financial pressure. #badenclay

 

[Chief of Funtime]

The children heard nothing.... Except the footy show . Turned up loud enough .

 

[Trooper]

net asset does not mean liquid asset.....it means worth, but static worth.. valueless once dissolved..

 

[Amee]

Caroline Overington ‏@overingtonc 1m

The defence says Gerard actually had 'substantial personal assets' and was feeling confident about the future #badenclay

 

[Freya1977]

David Murray ‏@TheMurrayD 47s
He had confidence he could get the money to buy the rent roll side of his business - defence #badenclay
He had three friends experienced in business helping him - defence #badenclay

Leonie Mellor ‏@leoniemellor 53s
Byrne: G #badenclay had substantial personal assets in April 2012. Net asset position $74,663.11 @abcnews #badenclay
Byrne: Once you look at the evidence #badenclay was not under substantial financial pressure. @abcnews

Francene Norton ‏@francenenorton 32s
Byrne says #badenclay had substantial personal assets as at April 2012. @abcnews

 

[Total]

Caroline Overington ‏@overingtonc 1m

The defence says that the Baden-Clay's position was actually positive #badenclay

Their personal assets were healthier still #badenclay

This is hilarious.....seriously balance sheets don't include any of the personal gentlemen's (ahum) agreements he had all around the place for 3 times 90k plus the rent roll, plus the familial lending.

 

[Freya1977]

Francene Norton ‏@francenenorton 45s
Byrne says #badenclay was not under financial pressure. @abcnews

David Murray ‏@TheMurrayD 1m
His three friends looked at his books - defence #badenclay

 

[Freya1977]

David Murray ‏@TheMurrayD 1m
Friend Robert Cheesman was an accountant - defence #badenclay

 

[JK673]

Kate Kyriacou @KateKyriacou · 39s
Byrne says Gerard's accountant friend Rob Cheesman went through the business accounts, along with two other friends. #badenclay

Kate Kyriacou @KateKyriacou · 31s
Byrne says the friends believed Gerard was optimistic about how the business was going. #badenclay

 

[Trooper]

hell. my dog has net assets worth $78,000.00

 

[Amee]

Caroline Overington ‏@overingtonc 34s

The defence says three friends who looked at the books weren't particularly worried about Gerard's position #badenclay

 

[Freya1977]

Leonie Mellor ‏@leoniemellor 29s
Byrne: "These aren't lightweights in an accounting sense." speaking of #badenclay's three friends who provided $275,000 in loans. @abcnews

David Murray ‏@TheMurrayD 51s
Friend Peter Cranna was a church financial controller. And Stuart Christ was a HP executive. Not lightweights - defence #badenclay

Sarah Elks ‏@sarahelks 53s
Defence: Three smart friends of Gerard #badenclay loaned him money. "These aren't lightweights in an accounting sense."

Sarah Greenhalgh ‏@GreenhalghSarah 24s
Defence says #badenclay wasn't under financial pressure. "Had substantial assets at the time" (April 2012) @tennewsqld

 

[samanthaj]

12:56pm: Mr Byrne said money as a motive for the murder of your wife of 14 (nearly 15) years was "ridiculous".

"Gee, I've got [financial] difficulties. I might kill my wife," Mr Byrne said.


Read more: http://www.brisbanetimes.com.au/que...y-15-week-5-20140707-3bhb6.html#ixzz36kQ4gLIX

I dont think that sarcasm is helping Mr Byrne - he was doing really well for a while there but this might start to lose some of the jurors.

 

[Freya1977]

David Murray ‏@TheMurrayD 35s
Gerard had limited personal risk from the business, could have walked away - defence #badenclay