Australian (ASX) Stock Market Forum

Storm Financial Group

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Garpal Gumnut said:
I was in the Great Northern Hotel last night and saw a group of southerners having a few beers.

One of them had a folder with ASIC written on it.

So I went over and had a chat about the footy, trying to have a sqizz at the folder. But I couldn't.

I asked them straight out were they up here about Storm.

I don't know if they were bankers or ASIC.

They all then left. There woulld have been 10 or so of them, pasty looking fellows who've seen little sunlight.

Anyone seen Manny in Townsville?

I'll be eating out down Palmer St. tonight so will keep an eye out for ASIC , Bankers and / or Manny.

Something is up, something big.

gg
Click to expand...

Sorry I can't give any updates as its bloody cold here tonight 18 degrees and I'm off to bed. Too bloody cold to go chasing the ASIC mob, or Manny.

gg
 
The momentum is gathering and the games have now begun.

Keep your eyes peeled and ears pricked, many will be quite surprised with what will be seen to be played out in the public arena.
 
i am pleased to see that something is happening maybe now they will get to the bottom of what is going on. i hear that not everybody is happy with the way the banks are helping out with those who are in trouble i suppose everybody has to decide what is best for them i hear some have taken up the offers and some are not happy with signing confidentiality clauses etc. i suppose its up to everybody to decide. i really hope the asic guys really hammer those who have done somethinh wrong. i'm not confident that they will get those who scammed people but we will wait and see.
i really want to see all of this come out in the open so the whole of aust can see what went wrong i know some are doing it really tough at the momnet we are making ends meet but its the future that scares us a bit. i'm sure hope the government and the law stands behind the people who have lost out big time.
 
"Storm Financial collapse focus of federal inquiry"

"STORM Financial's owners and the big banks will be expected to give evidence to the federal parliamentary inquiry examining the company's dramatic collapse."

MP Bernie Ripoll holds a private meeting with Commonwealth Bank representatives.

More here in an article by Stefanie Balogh in The Courier Mail;

http://www.news.com.au/couriermail/story/0,20797,25523190-3122,00.html
 
Solly said:
"Storm Financial collapse focus of federal inquiry"

"STORM Financial's owners and the big banks will be expected to give evidence to the federal parliamentary inquiry examining the company's dramatic collapse."

MP Bernie Ripoll holds a private meeting with Commonwealth Bank representatives.

More here in an article by Stefanie Balogh in The Courier Mail;

http://www.news.com.au/couriermail/story/0,20797,25523190-3122,00.html
Click to expand...

Thanks for keeping us up to date.

Your posts alone are better than some Storm sites.

gg
 
"Storm boss's great Storm sofa buyback"

"It seems Storm Financial founder Julie Cassimatis just can't part with her treasured belongings.

Mrs Cassimatis is believed to have bid on a number of items once belonging to the collapsed financial advisory firm and now up for auction at Grays Online."

Story by Lendl Ryan in The Townsville Bulletin is here;

http://www.townsvillebulletin.com.au/article/2009/05/23/55055_hpnews.html


Looks like `JC – Belmont' has been quite busy.

I'm a little disappointed not to see 'gg - Townsville' in the bidding history for some of these tasteful Figurines
:eek:

3632167.jpg

3632199.jpg

3632105.jpg

​

Your chance to outbid some quite famous bidders and collect some memorabilia is here;

http://www.graysonline.com.au/catalogue.asp?SALE_ID=70931&SALE_TYPE=THUMB
 
Solly said:
"Storm boss's great Storm sofa buyback"

"It seems Storm Financial founder Julie Cassimatis just can't part with her treasured belongings.

Mrs Cassimatis is believed to have bid on a number of items once belonging to the collapsed financial advisory firm and now up for auction at Grays Online."

Story by Lendl Ryan in The Townsville Bulletin is here;

http://www.townsvillebulletin.com.au/article/2009/05/23/55055_hpnews.html


Looks like `JC – Belmont' has been quite busy.

I'm a little disappointed not to see 'gg - Townsville' in the bidding history for some of these tasteful Figurines
:eek:

3632167.jpg

3632199.jpg

3632105.jpg

​

Your chance to outbid some quite famous bidders and collect some memorabilia is here;

http://www.graysonline.com.au/catalogue.asp?SALE_ID=70931&SALE_TYPE=THUMB
Click to expand...

Thanks Solly.

As you know, when one invests it is always better to use other people's money OPM.

When I want to look at **** pieces of nouveaux riche sculpture or furniture, I go to other people's places OPP.

To be fair to Julie, there must be a fair few JC's in Belmont.

I know for a fact one lived in Jerusalem a few years ago.

gg
 
Solly said:
"Storm boss's great Storm sofa buyback"

"It seems Storm Financial founder Julie Cassimatis just can't part with her treasured belongings.

Mrs Cassimatis is believed to have bid on a number of items once belonging to the collapsed financial advisory firm and now up for auction at Grays Online."

Story by Lendl Ryan in The Townsville Bulletin is here;

http://www.townsvillebulletin.com.au/article/2009/05/23/55055_hpnews.html


Looks like `JC – Belmont' has been quite busy.

I'm a little disappointed not to see 'gg - Townsville' in the bidding history for some of these tasteful Figurines
:eek:


Your chance to outbid some quite famous bidders and collect some memorabilia is here;

http://www.graysonline.com.au/catalogue.asp?SALE_ID=70931&SALE_TYPE=THUMB
Click to expand...



if this is true that this is really jc bidding over $1100 for a expresso coffee machine this makes me a bit peeved some of us think international roast instant coffee to drink is a luxury at the moment . then there's replica ships-signalling lamp. but what about the toilet brushes and holders towels, candles, toilet roll holders, dinner plates, mugs rubbish bin, vases, teapot,
bookends and tea candles. are these things they can't do with out? looks like someone is setting another office somewhere, maybe i'm wrong. jeepers this whole debacle is just getting wieder and wieder. when will some of the exclients be able to afford to buy any of this stuff? gee i'm still a bit peeved.
 
chrisgee said:
if this is true that this is really jc bidding over $1100 for a expresso coffee machine this makes me a bit peeved some of us think international roast instant coffee to drink is a luxury at the moment . then there's replica ships-signalling lamp. but what about the toilet brushes and holders towels, candles, toilet roll holders, dinner plates, mugs rubbish bin, vases, teapot,
bookends and tea candles. are these things they can't do with out? looks like someone is setting another office somewhere, maybe i'm wrong. jeepers this whole debacle is just getting wieder and wieder. when will some of the exclients be able to afford to buy any of this stuff? gee i'm still a bit peeved.
Click to expand...

Its not any wierder than it was mate.

The ex clients have got sicag.info to help them out.

Doubtless they will have something, someday, to say about Manny and Julie Cassimatis.

So far its all the banks fault.

gg
 
Solly said:
"Storm boss's great Storm sofa buyback"

"It seems Storm Financial founder Julie Cassimatis just can't part with her treasured belongings.

Mrs Cassimatis is believed to have bid on a number of items once belonging to the collapsed financial advisory firm and now up for auction at Grays Online."

Story by Lendl Ryan in The Townsville Bulletin is here;

http://www.townsvillebulletin.com.au/article/2009/05/23/55055_hpnews.html


Looks like `JC – Belmont' has been quite busy.

Your chance to outbid some quite famous bidders and collect some memorabilia is here;

http://www.graysonline.com.au/catalogue.asp?SALE_ID=70931&SALE_TYPE=THUMB
Click to expand...

Here's a list of some items 'JC – Belmont' has bid on or is currently winning.

Some quite interesting items

Lot..............Qty...Description
0001-70931 1 Office desk
0005-70931 1 2 seater sofa in cream fabric
0013-70931 1 Qty 2 prints of Venice
0016-70931 1 Drexel Heritage card, backgammon or chess table
0020-70931 1 Side board
0022-70931 1 Office desk open design
0029-70931 1 Tall boy 6 drawer
0036-70931 1 Arm chair in gold ornate timber frame
0039-70931 2 Ottoman with black paisley skirt with pink deep button top
0047-70931 2 2 Seater sofa in gold fabric
0048-70931 6 2 Piece library setting
0051-70931 15 Elko Interiors tub chair
0061-70931 2 Garstone 2 seater sofa with rolled arms
0062-70931 2 Garstone leather arm chair
0063-70931 1 Ornamental cabin trunk
0068-70931 1 Qty assorted kitchen ware
0087-70931 1 Dining table
0088-70931 1 Bench seat
0089-70931 1 Buffet
0090-70931 1 Buffet
0091-70931 2 Lounge chair
0092-70931 8 Executive office chair
0096-70931 1 Qty 2 framed prints
0101-70931 2 Herman Miller office chair
0108-70931 3 Extension dining table
0120-70931 2 Hali hand made carpets
0122-70931 1 Replica ships signalling lamp on tripod
0124-70931 4 Dining chair
0125-70931 4 Dining chair
0126-70931 1 Dining table with cutlery drawer
0132-70931 1 Kitchen trolley
0133-70931 1 San Marino SME/2-LS espresso machine 2 group
0134-70931 1 Ibertal Doge83 coffee grinder and dispenser
0140-70931 1 Orford FM30F display fridge
0142-70931 1 Preparation trolley
0146-70931 1 Qty approx 53 cartons assorted glassware
0148-70931 1 Qty 6 chaffing dishes
0149-70931 1 Qty 14 planter tubs
0155-70931 1 2 Seater sofa in gold fabric
0160-70931 1 Qty 2 Karlsson wall clocks
0163-70931 1 `Two Peas in a Pod` acrylic painting
0165-70931 1 `Fly Away Home` acrylic painting
0190-70931 1 Meeting table
0198-70931 1 Panasonic NN-C2000W convection microwave oven
0199-70931 1 Harros cappuccino machine
0207-70931 1 Qty 2 lanterns
0224-70931 1 Large qty assorted stationery items
0254-70931 1 Qty assorted items
0255-70931 1 Qty 13 carpet protectors
0260-70931 2 Wonderest support-a-pedic single ensemble bed
0261-70931 1 Qty 3 sheet sets
 
Solly said:
Here's a list of some items 'JC – Belmont' has bid on or is currently winning.

0068-70931 1 Qty assorted kitchen ware
0087-70931 1 Dining table
0089-70931 1 Buffet
0090-70931 1 Buffet
0108-70931 3 Extension dining table
0124-70931 4 Dining chair
0125-70931 4 Dining chair
0126-70931 1 Dining table with cutlery drawer
0132-70931 1 Kitchen trolley
0133-70931 1 San Marino SME/2-LS espresso machine 2 group
0134-70931 1 Ibertal Doge83 coffee grinder and dispenser
0140-70931 1 Orford FM30F display fridge
0142-70931 1 Preparation trolley
0146-70931 1 Qty approx 53 cartons assorted glassware
0148-70931 1 Qty 6 chaffing dishes
0198-70931 1 Panasonic NN-C2000W convection microwave oven
0199-70931 1 Harros cappuccino machine
Click to expand...

Is JC buying some catering equipment for a last supper before leaving our presence?
 
"Julie Cassimatis chases seized items on-line"

"Her family's $400 million fortune is gone and her business is bankrupt, but Storm Financial founder Julie Cassimatis seemingly can't let go of her favourite things."

See more by Daryl Passmore and and Mitch Gaynor in The Sunday Mail here;

http://www.news.com.au/couriermail/story/0,20797,25527720-3122,00.html


Also for those interested the latest bid on the Expresso Machine is $1409.

It must be quite a unit as Grays advise that it is the buyers responsibility to supply professional plumbing for its removal.
 
I can't think of anything much more humiliating than seeing your personal possessions up for auction.
 
Solly said:
"Julie Cassimatis chases seized items on-line"

"Her family's $400 million fortune is gone and her business is bankrupt, but Storm Financial founder Julie Cassimatis seemingly can't let go of her favourite things."

See more by Daryl Passmore and and Mitch Gaynor in The Sunday Mail here;

http://www.news.com.au/couriermail/story/0,20797,25527720-3122,00.html


Also for those interested the latest bid on the Expresso Machine is $1409.

It must be quite a unit as Grays advise that it is the buyers responsibility to supply professional plumbing for its removal.
Click to expand...


Another item in the article that could be of some encouragement to the ex-clients is this -

"Behind the scenes, it was understood the Commonwealth Bank and law firm Slater and Gordon were on the verge of a deal that could see thousands of investors escape from their crippling financial situation."

I will be very interested to see what remedy is offered

Good luck "Stormers" !
 

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