Sunday, 26 December 2010

stunning recklessness, excess and greeed

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Three years after the Global Financial Crisis picked up speed, New Zealand looks pretty soft on corporate crime. 

"The recklessness, excesses and greed have been stunning. But, until Five Star directors Nicholas Kirk and Marcus MacDonald were this week jailed for lying to investors, not a single finance company executive had spent a single night behind bars."

Bernard Hickey is Managing Editor of business news site, Interest, one of the few commentators offering criticism of efforts against fraud and other white collar crime that makes up the bulk of cases in New Zealand


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