You do understand who they represent?
;)cc
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Don't remind us of Key's National govt bailing out South Canterbury Finance's depositors with $1.7 billion of taxpayers money, (including interest on their deposits) instead of protecting taxpayers from an obviously failing SCF (you could see it coming, I could see it, everybody but the finance minister couldn't see it or closed his eyes to it ) by prudently limiting or withdrawing SCF from the govt guarantee deposit scheme when alarm bells started ringing. Terrible waste of taxpayers money by our experts in economic management, for purely political reasons.
He provided me with a negative rep for a "bird brain posting" in the corona thread. funny.. :)
I must be the Kea then.
https://www.firstlighttravel.com/blog/cheeky-kea.
Yup - like you see Clueless Cindy as your one source of truth.
I am not afraid to stick my neck out when I assess something or someone as being a con. That’s the difference.
And Cindy is a con. A spin mistress of no substance taking NZ down a destructive divisive economic & racist path.
During that time, I had relatives that invested in Hanover Finance (and another subsidiary by another relative). If I recall correctly, they only got like 10% back on the total $ they invested. It happened to so quick too when they kept rolling their previous year's deposit, they added more and BOOM. Insolvency and National didn't bail them out. I guess if you're a bank, you get preferential treatment than a real estate investment holding. The strange thing, why did the creditors force sale considering how much real estate prices have gone up in Auckland over the past 10+ years.