Tuesday, May 30, 2006

A cry for cash

These figures are Australian dollars, but still...

Story:
Australia -- Westpoint boss Norm Carey's crying poor in the courts this week has infuriated mum-and-dad investors who lost life savings in his failed property schemes.

Mr Carey has urged the federal court, through his lawyers, to release the $6000 gross a week he says he urgently needs to fund his lavish lifestyle and pay legal fees relating to the collapse of his Westpoint property empire in February.

Mr Carey has submitted a schedule of expenses to the court saying he needs $27,000 a year for food; $17,000 to pay a housekeeper; $13,000 for personal training; $7,280 for his kids' jujitsu and netball and $10,000 for their orthodontic treatment.

Source

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