'Treaty settlements which now total $1.3 billion are less than the $1.77 billion paid to compensate mainly Pakeha investors in South Canterbury Finance'.1.3 billion sounds low to me. Worth a look into though. If it's true then it's a nice line to shut anyone in the finance industry up on the odd occasion you met one at a BBQ or some such. It's an interesting comparison more than anything else, given that I suspect most New Zealanders aren't particularly happy about the 1.77 billion SCF bailout. Then again, that's just SCF. how much did all the other finance companies cost us?
Wednesday, February 22, 2012
Interesting snippet in Bryce Edwards political round-up today.