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![Botherway had no operational role in Hubbard probe, says commission](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Botherway had no operational role in Hubbard probe, says commission
Simon Botherway, accused of a conflict of interest in the Hubbard case, had no operational role in putting him into statutory management, says the Securities Commission.
![Grand Albany pipedream in tatters](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Grand Albany pipedream in tatters
One of NZ's largest and most speculative property investment visions on leasehold land - Albany City Property Investments - is in tatters.
![Assembling a fortune, deal after deal](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Assembling a fortune, deal after deal
After leaving Christchurch's Xavier College at 16 Eric Watson's first job was as a butcher's apprentice. He later became a sales and branch manager at Whitcoulls, then a manager at Xerox, before beginning a business career.
![Trouble in Eric's empire](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Trouble in Eric's empire
After the Hanover debacle, Eric Watson might have hoped for a big win with his latest venture in the US. So far, it isn't working out that way, reports Denise McNabb.
![<i>Geoff Hardy</i>: Dropping into red brings out managers' true colours](/pf/resources/images/placeholders/placeholder_l.png?d=795)
<i>Geoff Hardy</i>: Dropping into red brings out managers' true colours
Recessions test ethics and morality.
![Two more Hubbard trusts in statutory management](/pf/resources/images/placeholders/placeholder_l.png?d=795)
Two more Hubbard trusts in statutory management
Two further trusts established by Allan Hubbard have been put into statutory management, Commerce Minister Simon Power announced today.