...sure, let's be fair, it's the flavour of untruth we have all told.
At a delicate point in negotiations, perhaps, and governed by a confidentiality agreement, almost certainly, a pesky journalist comes along and asks you if the rumours are true that you are about to sell your business. So Gareth Morgan denied it. David Chaplin's article quoted him verbatim:
"The [sale] rumours are not right," he said. "In fact, we're looking at a little expansion deal with someone else."
That was reported on the 13th of December, although the comment could have been made earlier, when it hit the press it wasn't corrected, and on the 18th of January the deal is announced. 23 working days later. Maybe he didn't lie. Maybe he got the call the very next day and made the fastest sale of a financial services business ever.
We can all understand that, and forgiveness for such a small sin will be swift. Certainly by the many people who are devoted to his commentary and relentless criticism of the financial services industry. The champion of value has found an ideal home in the Kiwibank brand: value-focused, challenger, resistance-themed positioning of is smart and simple offers.
In fact, it could hardly have been sold to anyone else when you think of it like that, so, since Kiwibank is 'our' bank, I feel entitled to say that I hope we didn't pay too much.