- Terry owes money to pretty much everyone in Wellington, with a controlled sell off the general view is that he's short about $100m. If someone pulls the trigger though and there is a fire sale it could be a lot worse. There really is no chance of him getting out with significant assets, although there are assets in family members names which may not go into the sell down.
- No-one at this stage is interested in bankrupting him, howver patience is running a little thin. In his words "if Terry keeps flaunting it by driving around town in his ferrari then someone might decide they've had enough".