Thursday, November 11, 2010

Allan Hubbard Saga: Going Feral - Part 3, The Final Cut

Well, if you have following the sideshow to the Allan Hubbard Saga as a whole, the collapse of Paul Carruthers, the main supporter of Allan Hubbard, into a heap of his own paranoid delusional bile, we seem to have wrapped up the trilogy with news out this morning that Allan Hubbard has distanced himself from Paul and his support activities:

Paul Carruthers, a traveling salesman and the spokesman for the group Stand By Hubbard, has been outspoken in his defence of Mr Hubbard...

Mr Carruthers has frequently commented online that Mr Hubbard's financial downfall was the result of a government and media conspiracy.
Mr Hubbard has said while Mr Carruthers rings him "occasionally", he was not authorised by him to be his spokesman.
"He does have some odd views.
"He is doing this on his own account. He is not an investor; he is just someone that feels strongly about what has happened."
Mr Carruthers is also one of half a dozen regular commenters on the Leave Allan Hubbard Alone Facebook group.
"I said they rolled Allan to make way for the new Heartland Bank. History will prove me right," Mr Carruthers posted on Facebook on Sunday. Timaru Herald 11/11/10
Yes, he does have some "odd views" and clearly for the object of Paul's desire to come out and distance himself so forthrightly means Mr Carruthers needs to step down from his position and let a more moderate and capable person speak for Hubbard. At least get permission from the man to speak on his behalf.

Allan Hubbard can clearly speak for himself and it is best that the public get his side of the story directly from him rather than filtered though an individual with a conspiracy theory at the centre of his argument.

With that in mind, my offer to interview Allan is an open ended one and his rational supporters who are reading this should contact me at if they want to put me in contact with the man and or let him know I would love it if he could speak to his supporters directly without the distractions from Mr Carruthers.

Related Share Investor Reading
Full SFO Statement on SCF Fraud Investigation
Download Grant Thornton Report 1
Download Grant Thornton Report 2
Download Grant Thornton Report 3
Download Grant Thornton Report 4

Join the Put Allan Hubbard Away Facebook Group

Allan Hubbard Saga: Going Feral - Part 2
Allan Hubbard Saga: Paul Carruthers Goes Feral... Again
Allan Hubbard: The Biography
Allan Hubbard Saga: On Forged Signatures and Uncharitable Trusts
Allan Hubbard Saga: Evidence of Fraud now Clear
Allan Hubbard Saga: NBR VS the SFO
Allan Hubbard Saga: South Canterbury Finance to be investigated by the SFO
Allan Hubbard Saga: Third Grant Thornton Report
Allan Hubbard Saga: Will He Walk?
Allan Hubbard Saga: No Longer Bothered by Botherway
Allan Hubbard Saga: 60 Minutes Interview, Sept 23 2010
Allan Hubbard Saga: Supporters head to the exit door
Allan Hubbard Saga: Threats & the Mysterious PWC Report
Allan Hubbard Supporters: Conflict of Interest
VW Veneer reveals BMW heart
VIDEO: Jenni McManus Explains Allan Hubbard Collapse
Allan Hubbard Statement on SCF Receivership
VIDEO: Sandy Maier - full news conference on SCF Receivership
Market Alert: South Canterbury Finance to be placed in Receivership
Allan Hubbard: Ignorant Supporters Blissfully Unaware
Thornton Report 2: Allan Hubbard Guilty as Charged
Allan Hubbard: Full TV3 Interview - July 16 2010
Thornton Report 1: Allan Hubbard's Aorangi Securities
Bothered by Simon Botherway

New From

Hubbard: A Biography of Allan Hubbard

c Share Investor 2010


  1. How dare you call our Mr Carruthers a traveling salesman. He is much more important than that, just ask him! After all he talks to Mr Hubbard, takes no prisoners, has few friends if any in the media now, as he has dealt to them all, as only Mr Curruthers can. With the finesse or a raging bull.

  2. See Mr Carruthers has started a new face book site Stand By Hubbard, but for supporters only. No one can post there unless it is positive. Does not have to be true as long as it is positive, Mr Carruters will leave it there as he is not interested in facts.

  3. Join the Put Allan Hubbard Away Facebook Group:

  4. I imagine that if Allan Hubbard did own a computer he would have distanced himself from these core group of supporters much earlier. These are supporters you don't want to have! They come across as deranged idiots - and this is from someone who reads the page for a laugh now to see what rubbish they're telling themselves now.


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