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St Laurence payout 32c at best
Secured debenture holders of failed finance company St Laurence may get 15 cents to 22 cents in the dollar back.
Gibbs, 'fired for telling the truth,' keeps Tower, T&G jobs
Well known business figure Tony Gibbs has been fired from the board of GPG after a management stoush over the company's future direction.
Gibbs dumped from GPG board over demerger stoush
Tony Gibbs has been dumped from the board of Guinness Peat Group, after making an unauthorised statement objecting to the investment company's plan to spin off its Australian assets.
GPG's Gibbs "not ashamed" to have broken ranks
GPG's Gibbs says he's 'not ashamed' to have broken ranks, wants Coats sold
Petricevic back in court amid Bridgecorp fraud claims
Disgraced Bridgecorp boss Rod Petricevic and finance director Rob Roest returned to court today on SFO charges.
<i>Bernard Hickey:</i> Lost mana and hope means pulling plug on SCF
It's time for the Government to limit taxpayers' losses by winding down SCF.
<i>Liam Dann</i>: Gloves come off as break-up proposal unravels
Tony Gibbs talk GPG with Liam Dann
Debt collector chases Petricevic for $2.2m
More than $2.2m has been transferred to Rod Petricevic's family trust from a Bridgecorp-related finance company of which he and his wife were the only directors.
Gibbs puts up new plan after GPG demerger panned by NZ investors
GPG's Tony Gibbs has heeded the calls of local investors and backed away from a proposal to carve out the Australian assets into a separate listed entity.
Power outlines securities law shake-up
The biggest shake-up of fundamental securities law in a generation is under way, with Simon Power issuing a new discussion document.
<i>Fran O'Sullivan: </i> Wire gets higher for Maier
It matters not one whit that Hubbard stood aside from active involvement in the company earlier this year.
Loans to Hubbard entities historic - SFC
South Canterbury Finance loaned money to two entities under investigation, its chairman says.
South Canterbury credit rating lowered
Standard & Poor's has lowered the credit rating of South Canterbury Finance, on concerns about Allan Hubbard.
South Canty Finance changes prospectus after Hubbard fraud probe
Sth Canterbury Finance has stopped accepting deposits while it changes its prospectus.
<i>Deborah Hill Cone</i>: Same old problems under the skin
I may be a lone voice here, but where finance companies are concerned things seem to have got a bit out of proportion.
<i>Bernard Hickey:</i> Duo should forfeit $5m from Allied
NZ is a small place. Hotchin may think we have short memories ...
<i>David Chaplin:</i> In dark pools watch for basis points
According to research, New Zealand's institutional fund managers have been somewhat sloppy in handling their foreign exchange transactions.