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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

18 AUG 2009

HOBS: Poulson (2) - The Combatants

The two chief protagonists in the Poulson affair, Mr Muir Hunter QC (as he then was) and Mr John Garlick Llewellyn Poulson. Their exchange went:

"MH: "now, it is plain, is it not, Mr Poulson, that you are a man with an immensely generous heart: is that not right?"

JGLP: "I used to think so. I think now, when I see these figures, 'stupid' would describe it."

MH: "Yes, stupidly generous. So the situation was this, was it not, that you were prepared to lash out large permanent regular sums to your old chums?"

JGLP: "I didn't know they were old chums: some of them I had never even met"

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