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Mike's Minute: Lehman Bros Part II


Mike Hosking says European bank stocks are taking a pounding at the moment, over fears we may be heading for a Lehman Brothers Part II.

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Rain sets in at Riwaka
New Zealand

Rain sets in at Riwaka

Residents in the Nelson/Tasman area have been urged to stay home as heavy rain warnings are upgraded to red in the already soaked region.