The
Sun-Herald Melbourne,
Sunday, February 20, 2005
The
terrible toll on my family: Adler By Annette Sharp and Alex
Mitchell Adler
leaving court this week. Photo: Simon O'Dwyer RODNEY Adler has spoken for the
first time about the impact the investigation into
the HIH collapse has had on his family. Adler, who will be sentenced next month after
pleading guilty to four criminal charges in the
Supreme Court on Wednesday, said his wife and
children had been under tremendous strain as a
consequence of the regulator's four-year
investigation into the insurer's
multibillion-dollar collapse. "The events of the past four years have taken a
tremendous toll on my family and I believe that the
reality of this will only sink in after my
sentencing hearing," Adler told The
Sun-Herald. None of Adler's family - his wife of 17 years
Lyndi and their children Jason, 16, Romi, 14,
Natalie, 10, and Charlotte, 7 - were
[sic. was] in
court to hear his guilty plea. But the former high-flying businessman denied
the couple's marriage has been tested or weakened
by the ordeal, saying that they have been brought
closer by recent events. "Lyndi has been
unbelievable," he said. "She did not sign up for
this job. We've been married nearly 18 years and
it's as good as it's ever been." David
Irving comments: NOW is this a bit of
sympathetic writing or what? And that
photo up there, doesn't it makeya just
want to hug and comfort the poor guy? You can pick
through the hair of the two journalists
whose bye-line is on this piece, and you
won't find a single flea or louse on them,
that I will wager. The same will probably
go for their bank-accounts -- at present:
but future rewards will no doubt pile up
in journalists' heaven. They know which
side their bread is buttered on, Down
Under. Just to remind our
readers, here is one of those Nice Folks
Next Door who ran a bogus insurance
operation for years, bilked thousands of
Diggers out of their life savings, fought
a four year court battle at Australian
taxpayer expense to avoid jail, then
finally admitted that, yes, he had been
guilty as charged all along. Now this Adler is
worried about going to jail -- where he
may be obliged to play the mouth-organ a
bit (and not quite as well as his namesake
Larry Adler); and he is worried about his
poor wife and kids. Bit late for that,
methinks. Yes, they have some
People of Character in Australia, when we
come to think of it. We wonder where all
those millions went; and where the Adlers
will go too, when the time comes -- to
which safehaven country, we
mean. | Although Adler would not be drawn on his reasons
for pleading guilty after such a long and bitter
battle to clear his name, it is widely believed his
decision to strike a deal was motivated by a desire
to spare his family any further heartache.Adler pleaded guilty to two charges relating to
the dissemination of false information to the
sharemarket and two charges of failing to disclose
"adverse information" about a sideline business. He
faces up to 20 years jail when his sentencing
hearing begins on March 29. The guilty plea followed an agreement being
reached with the Australian Securities and
Investments Commission and the Commonwealth
Director of Public Prosecutions which saw three
other charges relating to market manipulation
dropped. The deal is expected to see his jail term
reduced to a lesser term, if he is jailed by the
court. This will enable him to return to his
"shattered" family sooner. "I am expecting that the judge takes into
consideration not just this very short period of my
life, but my life in total," he said. Adler said he had not yet decided if any of his
family would attend his sentencing hearing to
appeal on his behalf. "Ultimately it will be a family decision if they
accompany me and I'll take advice from my legal
team," he said. Family sources said on Friday that Adler did not
want his children to see him "embarrassed and
demeaned" in court. A friend said the Adler
family was
desperate
to move on: "Rod wants to
put that period of his life behind him. He
doesn't want it to go on for a decade. It has
already been four and a half years of
hell." Since her husband's humiliating and public fall
from grace in 2001, Mrs Adler has withdrawn from
the public eye. In 2002 she resigned her position as founding
chairman of the Sydney Children's Hospital's
fund-raising Gold Dinner, the biggest fund-raising
event on the Sydney social calendar, and has not
been to a society event since. Mrs Adler spent last Monday and Tuesday at
Adler's side as he consulted legal teams from
Gilbert & Tobin and Swaab & Associates and
his barrister Elizabeth Fullerton - honorary
members of the family for more than half of young
Charlotte Adler's life. This followed a weekend in which the family
sought comfort in routine activities. They had brunch at fashionable Bondi restaurant
Hugo's last Saturday morning, but photos of the
gathering depict a rather grim picture of a family
looking worn by the battle to clear Adler's
name. If jailed, Adler will be classified a
minimum-security prisoner and is likely to serve
his sentence at the John Morony correctional centre
at Windsor, 60 kilometres from Sydney's central
business district. He will enter the prison system at Silverwater
jail next door to Sydney Olympic Park where a
committee will interview him before giving him a
security classification. The Morony centre, which houses 550 inmates, is
considered his most likely destination because it
is a low-risk facility where Macquarie Bank high
flyer Simon Hannes served his sentence for insider
trading. Rodney
Adler Four Guilty pleas. Company
collapsed with debts of $5.3 billion, wiping out
life savings of thousands of Australians Adler will spend 12 hours a day outside his cell
and the other 12 hours locked up. His European
suits will be a thing of the past, replaced by the
standard bottle-green trackies and shirt. Footwear
is basic trainers or flip-flops. A senior officer said Adler could ask for
special protection but that would involve sending
him to Junee, the only privately owned jail in the
NSW system. -
-
Our
dossier on Mr Irving's exclusion from Australia
by Philip Ruddock, on the grounds of
"character."
-
-
The
Global Vendetta against David Irving
-
Australia's
twelve-year battle to keep David Irving from
returning to speak to ordinary Australians |
Ruddock's
letter to David Irving (one of many)
-
Apology
still required from Israel
-
New Zealand Freedom
in sight for jailed Israeli spies
| "Alleged"
Mossad agents to be released early |
Jewish
spies leave NZ after serving half their prison
term; but their $100,000 donation to Cerebral
Palsy Society (ordered by court) has not yet
been paid |
-
Yet
another fake-passport factory found in NZ:
who is behind it?
-
NZ Herald: NZ
Foreign Minister Phil Goff likely to face Israel
at UN debate | Israel
- a stormy relationship: Passport to a world of
trouble (Part
1) (Part
2) (Part
3: How Israeli security tries to win friends and
influence people )
(David Irving and NZ items: on
p.2)
-
New
Zealand judges allow businessman accused of a
3-year campaign of racial hatred against Muslims
to keep his name secret: "Detective
Inspector Harry Quinn today said the man
[was] of European ethnicity... but he
refused to say if he followed any particular
religion. " [second
story]
»»»
-
In from the cold: Mossad
spy Eli Cara (jailed for passport fraud in New
Zealand) becomes top Israeli credit-card (Visa)
executive
-
Archives show Israeli
spy's passport sparked 1974 secret British
row: The use of forged British passports by
Mossad assassination squads
-
Nice folks Israeli
air traveler who "forgot" the secret plastic gun
carried in his hand luggage
"The largely plastic pistol failed to show up on
X-ray scanners at Ben Gurion Airport. The court
heard that Lehman, who holds dual British and
Israeli nationality . . . had been on
his way to a niece's wedding in America" (and a
funeral?)-
Fake New Zealand passports sequel
Australia
secretly expels Israeli diplomat -- neither
country will say why
|