As the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry continues, the Lloyd’s Development Group invited members down to the Lloyd’s hub at 1 O’Connell Street last night to revisit the extraordinary collapse of HIH and the Royal Commission that followed.
We were really thrilled to have Andrew Main as our keynote speaker for this event. Andrew is a Gold Walkley award winning financial journalist who reported for the AFR on the HIH Royal Commission as it happened. He later went on to write a book on the subject titled “Other People’s Money – The complete story of the extraordinary collapse of HIH”.
Andrew threaded together a tale of the makings of the HIH collapse with humour, intellect and a quickly apparent depth of knowledge on the subject. The audience enthusiastically followed Andrew down every rabbit whole he happened upon as he regaled the crowd with stories of the various characters and goings-on of that culminated in one of the largest corporate collapses in Australian history.
A massive thanks to our sponsors Wotton + Kearney for their ongoing support and also to Chris Mackinnon @ Lloyd’s for hosting the event. Thanks to all those who attended and we hope you found it as fascinated as we did!