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Latest from Banking and finance

<i>Geoff Hardy</i>: Dropping into red brings out managers' true colours
Recessions test ethics and morality.

<i>Susan Watson:</i> Grey boards need a touch of flair
Directors of our failed companies may well feel beleaguered as the spotlight of public reprobation turns in their direction.

Hubbard speaks out - Govt to blame
Allan Hubbard is blaming Government regulations for the failure of South Canterbury Finance.

'Good and bad' news in SCF announcement
Sth Canterbury Finance chief executive Sandy Maier says an announcement that will have "good and bad" in it is due sometime after 9.30am today.