They’ll simply be back for more:

Posted on April 17, 2012 by KG

‘Iwi loses most of Treaty payout
One of Taranaki’s largest private investment projects has gone horribly wrong, losing close to $20 million in a series of high-risk financial ventures.
The loss means Taranaki’s most northern iwi, Ngati Tama, has shed all of a $14.5m Treaty of Waitangi payout it received in 2003…’
No worries–it was only taxpayer money in the first place, and since there’s apparently no such thing as a “full and final settlement”, they’ll be back for more.

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6 Responses to They’ll simply be back for more:

  1. octagongrappler says:
    April 17, 2012 at 16:38

    Yes they will claim they were ripped off by the white man in there investments :mrgreen: .

    Still iwi will activate there line of credit and Key will deliver the chips…

  2. oswald bastable says:
    April 17, 2012 at 18:03

    Fools and their money…

    But bigger fools will just get tapped for more…

  3. dondiego says:
    April 17, 2012 at 19:08

    Almost counting the days… came across this http://us2.campaign-archive1.com/?u=d9f51dd317ac24a90c904906c&id=f3f3aae854 and after comments from webwrats link yesterday- methinks its likely sooner than later.
    [Illegal aliens is almost as bad to pay for, but there aren’t enough of them to spread lies about my Granddad -yet]

  4. nominto says:
    April 17, 2012 at 20:38

    why aren’t we surprised…
    http://www.sharechat.co.nz/article/4cd117e3/lid-lifted-on-tainui-cash-shambles.html
    I’m still pissed with that
    and don’t forget that Morgan character….those pricey fancy undies

  5. Findalis says:
    April 18, 2012 at 01:44

    No investment is 100% safe. There is risk involved. You can lose all of your money when you invest. A thing to remember when you invest. :sad:

    Tell them no more and watch the fireworks. :popcorn

  6. Darin says:
    April 18, 2012 at 04:05

    Sounds like lottery winners,most are broke just a few years after winning millions.Money is a great thing,so long as you can manage it.