30 Nov 2010

The Panel with Michael Deaker and Peter Elliot (part 1)

From Jesse Mulligan, 1–4pm, 4:08 pm on 30 November 2010

The taxpayer will be stumping-up about $178 million to bail out the failed finance company owned by one of New Zealand's wealthiest families. David Henderson's insolvency proposal asked creditors for the chance to pursue more property developments on more borrowed money. Mark Hart, an American hedge fund manager who has made millions predicting the crises in US sub-prime market and European debt, has launched a fund to bet on the imminent implosion of China.