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Marac chief risk officer, Grant Atkinson.

Marac chief risk officer, Grant Atkinson.

Marac won't say if hidden loan linked to runaway 4:00AM Tuesday February 09, 2010

Finance company Marac is to take a $2.5 million hit on an unauthorised business loan which was covered up for several years and was only revealed as the company improved its audit process late last year. Marac's chief investment officer, Craig Stephen, yesterday refused to comment on whether the… More


Runaway faced changes at work Grant Atkinson 4:00AM Monday February 08, 2010

While finance company executive Grant Atkinson was away on holiday, his bosses were advertising for a new head… More

Bad loans blamed for South Canterbury loss South Canterbury Finance's new CEO Sandy Maier says the company retains the confidence and support of retail investors. Photo / Supplied 4:00AM Thursday February 04, 2010

Yet more bad debt charges - mostly on property loans - mean Allan Hubbard's South Canterbury Finance, which had… More

Couple reeling after $80k Hanover loss Mark Hotchin. Photo / Brett Phibbs 4:00AM Sunday February 07, 2010

After losing $80,000 in the failed Hanover finance company, an elderly Auckland couple decided to become guinea… More

Receivership an option for Strategic - analyst One of Strategic Finance's property investments included the Soho Square development in Auckland's Ponsonby. Photo / Paul Estcourt 4:00AM Wednesday February 03, 2010

Receivership or a Hanover-style debt-for-equity swap are looming as the most likely outcomes for struggling Strategic… More





 
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