The panic to bail out SCF reveals cracks in the economy, writes Gareth Morgan.

Allan Hubbard believed his self-righteous hype - sadly, so did we.

One-time factory worker Zhang Xin rode China's property boom.

It was the earthquake New Zealanders have been told for years to expect. And Christchurch got it.

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

Bad loans to bars, hotels, furniture makers, property investors and even a state house builder wiped out at least $100 million from South Canterbury Finance.

Questions need to be asked of the former management of failed company South Canterbury Finance, says the Shareholders Association.

A notoriously shrewd businessman has emerged as the frontrunner to buy South Canterbury Finance.