Press on Clark
The Press editorial lambasts Helen Clark for her partisan politics over the deposit guarantee scheme: More worrying was the way the Prime Minister, Helen Clark, chose to play politics with the...
View ArticleThe Hive on the Deposit Scheme
The Hive is very worried about the flaws in the Government’s deposit scheme: Why, if our hand was forced by the Aussies did we not adopt the same policy as the Aussies? In particular – why did we not...
View ArticleNZ Herald on banking crisis
The Government continues to dither on whether to extend the depsit guarantee scheme to include wholesale borrowing. The NZ Herald Editorial notes: Yet local banks must renew loans as they fall due if...
View Article$100 m to aid credit crunch jobless
The Herald speculates that John Key will use some of the $100 million in fees from the bank deposit guarantee scheme as an assistance package to those who lose their jobs during the recession: Leader...
View ArticleA mexican standoff?
Roar Prawn blogs: The money markets are chattering over the Mexican stand off with the Big Banks who have, in an unprecedented move joined forces to talk turkey with Treasury, over the deposit...
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