I wrote once before about how newspapers are nutter magnets. We’re dealing with one at the moment who is definitely in the hall of fame.
I won’t be too specific because the poor fellow is obviously disturbed and I don’t want to make fun of him as an individual.
But it’s interesting to discuss the consequences of someone like this being on the street instead of wrapped in a straitjacket.
He first came to our attention as a possible serious bidder for a large company that went into receivership. He was talking class action after his superior bid was rejected.
In speaking to him, we heard a denial that he is not the gentleman of the same name who was once a member of the Australian Nazi Party; that was a smear.
The man with the same name and email address who was listed on various websites as a bad debtor was him, but he was the victim of a nasty defamation.
He left our lives for a few weeks only to explode back with an ambitious proposal to establish an oil refinery in the town. He claimed to have the cash.
Then came a setback when Westpac rejected his application. He sent our reporter a copy of the email he received from Westpac. Here is the text:
Good afternoon. I have just got back in and was asked me to contact you. I am heading back out again shortly until early afternoon but wanted to send you an Email before I left. Thanks for the opportunity to look at this proposal. I have now discussed and received feedback from the bank for this Venture. With the current Economic Climate and ‘Credit Crunch’ Banks are all experiencing, Westpac currently does not have an appetite for a lending proposal of this type. We foresee too many inherent risks, Country Risk and Exchange Rate Risk to name a couple that would preclude the bank from approving funds for this venture. I wish you all the best going forward and hope both CGIA and Glycan can raise the necessary capital to undertake this exciting project.
The bank manager was very polite, but I question his sincerity.
A few days later the refinery proponent left a message on the reporter’s phone that he has now secured billions in credit. “I am now a multi-millionaire,” he said.
I’ll need to see a bank statement and hear construction noise before I reckon this one is a legitimate story, except possibly a case study into mental health services.
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