Friday, 24 February 2012

Schadenfreude, thy name is Graham

imageA few years back, a friend’s father arrived home from a meeting to select National’s successor in the blue ribbon seat of Remuera after Alan Highet’s retirement.  Said friend’s father, “It’s always been said we could elect a donkey to stand for National in this electorate and it’d still get in. Well, that’s we’ve done this year.”

The donkey they selected was Douglas Montrose Graham, former Minister of Injustice, known to some in the past as Lord Montrose, and (after a guilty verdict in the High Court today) now known only as Inmate Graham.*

Because this mellifluous piece of human excrement, this canker on justice and bloated sack of self-importance, has today been found guilty of fraud.

Not for what he did as Minister of Injustice in the Shipley Government, when he mandated that defendants have their assets confiscated by the state, even before they’d been found guilty.

Not for what he did as Minister in Charge of Treaty Capitulations in the Bolger Government, when he took millions of dollars out of the pockets of New Zealand taxpayers to give to tribalists for things those taxpayers didn’t do.

Not for what he did as Minister of Apartheid, lecturing NZers at one point during his reign “The sooner we realise there are laws for one and laws for another, the better.”

Not because after a lifetime in the trough he retired to Tuscany to write his memoirs in Italy—and demanded a further sinecure from the taxpayer to pay for sojourn.

Not because he came out of retirement to tell taxpayers “You better keep paying your taxes” so he could be kept in his retirement in the style to which a lifetime of troughing had made him accustomed.

He was not tried in court on any of those things, more’s the pity, but the bastard did finally find himself in court for defrauding investors of Lombard Finance—his defence, ironically enough, was one of incompetence—and was tried and today found guilty.

Guilty of helping to defraud investors of $127 million. [Full judgement here.]

No, it was not for any of those many other things of which he was culpable. But it’s enough.  This is an entity who has never made on honest living, his entire wealth having come out of the pockets of unwilling taxpayers and deluded investors.  Such a life demands a deserving final chapter.

Never could schadenfreude have come to a more deserving dirtbag. The only tragedy is that hundreds of investors had to lose their life savings to make it happen.

* * * *

* He won’t be, of course. Being guilty of fraud causing losses to investors of around $227 million will never attract a custodial sentence. Jail is for people who attend a different class of social function.


  1. Damn right. What a disgusting slimeball that man is.
    I've put up a link back to this over at my place.

  2. Best news of 2012 thus far...a custodial sentence would be glorious.

    Chris R

  3. Although, the investors who thought 9%p.a return was a risk free investment need a mirror to identify the real culprit for decisions.

  4. This guy is going to need a lot support in his cell. Considering that they let them use computers in jail, he will need a lot of Los Angeles IT Support style assistance.

  5. Thanks for given this historial lecture!

  6. I was appalled when this prick got a knighthood, in particular, after reading the true story behind the scam that is the Tainui settlement (which by the way was fully and finally settled in 1945).

    If you read the Waitangi Tribunals report on the claim you would roll about laughing on the floor.

    Finlayson is as bad a crook and he has hit the turbo button on the treaty grievance industry.

    What a crock of shit and what sort of dropkicks are we all for allowing it to happen?


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