Interview with an investment banker

Just in case you missed it. Investment bankers bet and speculate. In other words they are making money with money. When the banking world was about to collapse because the bet on packets of junk bonds, and were about to be caught out on it they changed their tack. They now bet and speculate on […]

On track for another stockmarket crash

Property developer Olly Newland, who gained and lost a fortune at the time of the 1987 sharemarket bubble and bust, believes New Zealand is about to repeat the experience. “All around I see people repeating the mistakes of the ’80s,” he wrote in the 20th anniversary edition of his book on the crash, Lost Property. […]