nzherald.co.nz

Kerre Woodham: Think again, Barbara

By Kerre McIvor
5:30 AM Sunday Nov 4, 2012
Barbara Moses outside court in July last year. Photo / Dean Purcell

Barbara Moses outside court in July last year. Photo / Dean Purcell

I see Roger Moses' plans for a big bash at Sails Restaurant, revealed in the Herald on Sunday last week, won't be going ahead tonight - and his furious wife is blaming this paper.

Moses got out of jail this year after serving eight months of a two-year prison term for distributing misleading investor statements for the failed Nathans Finance Company.

Nathans lost investors $174 million and some of those investors were appalled that Moses would have such an extravagant 70th birthday celebration.

Barbara Moses told the National Business Review that she and her family could cope with any media attention on the night, but they didn't want their guests to be embarrassed in any way, so the party was cancelled.

She has savings of her own after working all her married life, she said, and was footing the bill for the party.

Moses told the NBR her husband had paid a terrible price for the mistakes he had made - but I think most people would agree that eight months at Rangipo is hardly the most punishing sentence.

I'm sure she feels genuinely outraged. Her husband has served his time - such as it was - and if she's footing the bill with her own money, good on her.

But doesn't she understand how the investors feel? Some of them will be lucky to shout their husbands a birthday dinner at Valentine's, given their life savings have disappeared.

Some of these wealthy financiers seem to have a sense of entitlement that makes them insensitive to the feelings of others. Have the party at home. If you can't bear the thought of making the oysters on horseback and sausage rolls yourself, get it catered. Live quietly.

And be grateful you still have enough disposable income to celebrate the milestones in each other's lives. Many of the investors, who put their faith in your husband, don't.


Debate on this article is now closed.

By Kerre McIvor

- Herald on Sunday

the old chook (New Zealand) | 12:58PM Sunday, 04 Nov 2012
It simply proves that some people have no shame at all.
nthlndr () | 12:58PM Sunday, 04 Nov 2012
So is Barbara Moses saying her personal savings were not invested in Nathan's or is it that they were invested in Nathan's but she was lucky and got them out just before the company crashed?
Step Toe (New Zealand) | 01:00PM Sunday, 04 Nov 2012
Does Barbara Moses have no mana or pride?

If her husband lost other people's money I would have thought it went without saying that she would include her money in his moral responsibility to repay? No?

So, reap the financial rewards together but when he gets caught being a cheat, his problem. Yeah right.

I'm tired of these grey lines in the sand. What example is there for youth to follow?

Sick attitude - no ethics.

Money ahead of all else.

In my opinion both husband and wife should have nothing, just like his investors. I mean nothing, nothing hidden in trusts, family accounts, investments in other names.

Nothing.
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