Weekly Wrap: Blame game heats up

It started when I spotted an ad in the Herald last week where a lawyer was advertising and it has snowballed into something bigger today, where we have news of a public meeting for investors being held in Auckland later this month to look at action.

It will be fascinating to see how this pans out, are these lawyers vultures or eagles and is this a public meeting or a lynch mob? I have talked about it some more in today's Blog and would love to hear what advisers think of all these developments. Either drop a line here or post a comment in the Blog.

Vultures or eagles circling? You decide So the legal eagles, or should they be called vultures, are now circling the decaying remains of collapsed finance companies looking for options to take legal action. [more]

Also, as we flagged earlier, PINs, has "postponed" its quarterly interest payments due to the credit market turmoil.