And we keep coming back to money

Andrew Landeryou has been bankrupt since February last year. The question remains: where is Landeryou drawing an income? Is he on unemployment benefits? Has he other income streams.

Is he earning an income from being a faux journalist? His blog is insolvent. But that hasn't stopped people asking relevant questions.

Take for example the following observations.

"For a start, he is not a businessman. Do a Google search and you will see he is a full-time journalist and publisher." If he is a fulltime journalist, where does his journalism appear? If he is a publisher, what has he published? Running a blog is neither journalism nor publishing, it is blogging. If he makes his living through revenue from the blog, that is a business and makes him a businessman, not a journalist. I am not privy to his personal affairs but as far as I know he has made his living in recent years solely as some kind of businessman. At present he may be an unemployed or self-employed businessman, but businessman still seems to be the best description.

A "fulltime journalist" is a person who makes their living from fulltime journalism - being paid to write for a media organisation of some kind. Landeryou does not get paid to write for his own blog, or anywhere else so far as I know. Even if his blog was pure news (which of course it isn't, it's 80% opinion and satire), that wouldn't make him a journalist, and certainly not a fulltime one. As a self-supporting blogger he is in a different category to someone like Margo Kingston, who is paid by the SMH to write her webdiary.

A self-employed (or freelance) journalist is one who makes their living selling articles to media outlets. That is not what Landeryou does. I presume he makes a bit of money selling advertising space on his blog, but he does not sell his writing to anyone, which is what journalists do. He is no more a journalist because he owns a blog than Kerry Packer was a journalist because he owned the Bulletin. I have no idea what AL's current income source is, so "businessman" is the politest term to use.

We are arguing in the dark here because I don't know what AL's current source of income is, and I don't expect you to disclose it here. I suspect at the moment he is not anything in an occupational sense. Of course it is not necessary to be currently employed as something to be described as being that thing in a general sense. A doctor who is not currently working as a doctor is still a doctor. But AL so far I know has never worked as a journalist (correct me if I'm wrong). He has made a living as a businessman in the past. As I recall he was in Costa Rica looking for investment opportunities, yes? That is what businessmen do. The only public activity he currently undertakes is his blog, which is a business of sorts. Therefore I think he should be described as a businessman until he acquires a new occupation. Any other description will be seen as a euphemism, and to some extent that would be true."

More on Landeryou's Costa Rican adventure here.

Costa Rica and Landeryou

Members of the Team Slanderyou Special Investigation Unit will be absent for a few weeks, as they fly off to Costa Rica.

As keen readers would be aware, Costa Rica is one of Andrew Landeryou’s favourite destinations.

It is such a favourite destination that according to Landeryou’s favourite politician Sophie Panopoulos, Landeryou, “…fled to Costa Rica”. (see page 39 of Hansard)

However, others argue he “…disappeared on business”.

We reported last December that members of Australia’s gambling and wagering community had significant concerns, raising unanswered questions such as:

- "If he is in CR (Costa Rica) I am sure he not using the name Andrew Landeryou".
- "He disappeared in CR for five months while every was looking for him. He started a gaming software company and was soliciting business in CR."
- "BTW, hearing his (Andy's) blog is called the Other Cheek .... does not bring pleasant images to mind. "

So the Team Slanderyou Special Investigation Unit is going to Costa Rica to find out what was the real reason.

We will report back on 10 April 2007.

In the mean time, avail yourselves of the other stories on this blog, comment away. Also make use of the Labels function.

We will be posting other stories from time to time in the interim.

Hasta la vista

Andrew Landeryou's shares in tailspin?

Yesterday marked one of the most turbulent trading days in the equities markets since 9/11.

We wondered how Landeryou's portfolio of prestigious blue chips performed.

Landeryou loves nothing more than attending interstate AGMs of companies like Publishing and Broadcasting Ltd, run by the Packer family.

To check out PBL's performance go here.

EXCLUSIVE: At home with Andrew Landeryou

Andrew Landeryou has been described as Australia’s richest bankrupt.

He is also known as the man that turned $3.4 million into $13,053.25.



But let’s look at Landeryou’s private life.

Landeryou resides in one of Melbourne’s most prestigious apartment communities, where he writes his blog of sleaze and only leaves to attend interstate AGMs of Australia’s largest ASX listed companies.



Andrew lives in the renowned Sentinel building. His apartment is in walking distance of restaurants, Crown casino, the Yarra, Melbourne's Arts precinct and the CBD.

The building even has its own website!

Andrew is doing it very tough. As a resident, Andy has use of a tennis court, swimming pool, gym, (though he clearly has never used them) broadband internet, cable TV access & a concierge service (to organise late night deliveries of KFC).

Andy has still yet to answer how a bankrupt can afford to live in such luxury. It’s not like he has a job!

Perhaps, he is able to afford such luxurious living on the income earned from his lonely hearts dating advertisements that he runs on his blog.