Tuesday, January 24, 2012

The answer to Tim Hunter's question is "Yes, of course!!"

Tim Hunter recently asked whether Heartland should have been more blunt in this article
Greenslade
The answer is, Yes of course!!
Irvine
You would think the CEO Jeff Greenslade would be more straight forward at a time his company is applying for a banking license and Bruce Irvine would keep a close watch over reporting standards at a time when he is stepping down from PGC because his behaviour at PGC is being questioned.



The smart thing to do is to show the market and shareholders that you are in fact the type of company and people that can be trusted with a banking license and therefore other people's money. You certainly do not want to leave it up to people like Tim Hunter to wade through your releases and come up with questions like he rightfully did.

It should not be lost on Heartland or George Kerr at PGC, that a reputation that was built over a lifetime can be destroyed in a few minutes. In the financial services industry reputation goes a long way and for someone that will be looking to the markets to raise funds and selling businesses like Kerr it might be worth considering behaving in a way that you can be trusted.

First, start with straight talk and then secondly, 
walk the talk.

That is of course if you want to rebuild your reputation, which to many, is in tatters.
Kerr

Cheerio!
jA


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