Bank Failures: Will New Zealand be Cyprussed?

Unless you’ve been under a rock (or without broadband and TV for 3 days like me!) you will have no doubt heard about the “bail in” of banks via bank depositors in the small island nation of Cyprus. The proposal (which has since been voted down) was to tax – a.k.a. steal funds – up … Continue reading Bank Failures: Will New Zealand be Cyprussed?