Browsing All Posts filed under »Finance«

Paul Krugman on the ratings agencies

April 27, 2010

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In my role as Chair of NZCU South, I have recently been a participant in a credit rating process conducted by Standard and Poors on our credit union.  We ended up with a respectable BB rating. Forced on us by recent government regulation, it was an interesting process.  I will spare you my grief over… [Read more…]

Building society mergers ahead?

February 9, 2010

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Could we be on the verge of a rash of building society mergers?  Rob Stock’s Sunday Star Times analysis of  merger prospects for financial mutuals CBS Canterbury and Southern Cross Building Society.  Discusses advocacy of merger by Chris Swasbrook of Elevation Capital who have a stake in CBS.  Suggests this could be the first in… [Read more…]




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