In March 2006 Turnbull joined Australia's Allco Finance Group, a privately owned investment bank based in Sydney, as an executive director
Allco was in serious financial trouble and went into administration in November with debts of more than AU$650 million leaving its shareholders cleaned out and, like Ansett seven years earlier, it's employees looking at the dole queue.
Hmmm, how much did that cost Turnbull.
Nothing I'll bet.
