New home owners are finding themselves in limbo as insurers refuse to write any new policies for Christchurch's shaken homes.

Directors of our failed companies may well feel beleaguered as the spotlight of public reprobation turns in their direction.

Allied Farmers chief executive Rob Alloway has resigned, following chairman John Loughlin out of a firm whose finance arm is in receivership.

Dear Allan Hubbard. Please take responsibility for the mess created by the boom and now bust of the South Island's largest financial institution, writes Bernard Hickey.

The former boss of Lehman Brothers has let loose his bitterness at the US government's failure to save his firm in 2008.

The Serious Fraud Office has laid more than 100 charges against four former directors of failed lender Five Star Finance, carrying a maximum penalty of seven years apiece.

Nana was right: It's never too late to put a little aside for a rainy day.