Roger Griffiths, a successful artist is Mapua, New Zealand, lost it when Westpac, the bank he'd been with for 25 years, declined to give him a NZ$80,000 (7,466,385.08 North Korean Won)mortgage because, as an artist, he doesn't have a regular income. He does, however, have a ton of property, a gallery show in NYC, and NZ$190,000 (301.471664g of platinum or 81,051.56 Burmese Khat) on deposit with Westpac. Which he promptly withdrew. In twenties. And then he deposited it with his local, community-oriented credit union, the Nelson Building Society. As Griffiths points out, Westpac is happy to lend to cigar-chomping loony industrialists like Lane Walker Rudkin Industries, who took Westpac for NZ$110,000,000 (10,860,852,632.40 Nigerian Nairas) in bad loans.
"They can lose $110 million with LWR but turn down a normal customer who has never missed a loan payment," he said. "If they don't have the trust in me after 25 years, there's a problem for Westpac."
Having decided to withdraw his money, he then decided to make it hard for the bank by requesting payment in $20 bills.
He said the Nelson branch told him it did not have that amount and he would have to also go to other branches at Stoke, Richmond and Motueka. However, he insisted the bank have the money ready to collect at 9am today. He then took it to the Nelson Building Society, saying he would rather deal with NBS because it was part of the community.
His message to Westpac: "If you don't support the community, the community won't support you."
$190,000 withdrawn in $20 bills
(Image: MARTIN DE RUYTER/ The Nelson Mail)
Pegged on the massive new Andy Warhol retrospective opening today at the Whitney Museum of American Art, the New York Times asked the likes of Fran Lebowitz, Mary Woronov, Joe Dallesandro, Viva, and many other of his friends, collaborators, and party guests to reminisce about their experiences of The Factory, in all three of its […]
“I’m sorry, Dave, I’m afraid I can’t do that.” Douglas Rain, the actor who performed the voice of the computer Hal 9000 in Stanley Kubrick’s film ‘2001: A Space Odyssey,’ has died. He was 90 years old.
On this day in 1966, Buzz Aldrin took the first selfie in space while standing on his seat and hanging out of an open hatch as part of the Gemini XII mission. From NASA: This “stand up” EVA (the first of three during the mission) was conducted with the hatch off while Aldrin stood on […]
What do you get for the techie who has everything? How about giving them a Raspberry Pi and letting them make pretty much anything. Or better yet, do it for yourself with the Ultimate Raspberry Pi eBook Bundle. This trove of ideas and education unlocks the unlimited potential of this mini-computer, whose affordability and versatility […]
Note-taking just caught up to the digital age. For most of us, writing freehand is quicker and more convenient than pecking away on a tablet, but what to do when you need those scribbles on file? Grab a Rocketbook Everlast Reusable Notebook, which seamlessly fuses analog and digital notes. Just jot down your thoughts, journals […]
Remember the cartoons of your youth? There’s a good reason. Nothing sparks the imagination like well-done animation. And whether you need a logo in motion or just want to bring your own imagination to life, CrazyTalk Animator 3 Pro is the tool that can take you there. Easy enough for casual users but with all […]