Latest fromWall St Meltdown
US probes banks over credit crisis 'cartel' claim
Did some of the world's biggest banks collude to manipulate interest rates during the depths of the credit crisis?
<i>Inside Money: </i> Got the finance company blues
All the moaning about the Securities Commission being a bunch of useless layabouts has finally paid off with the release of this truly depressing communiqué.
Commerce Commission probe into 'Credit Sails' bond sales
The Commerce Commission says it's investigating the sale of "Credit Sails" bonds, which crashed during the global financial crisis.
Reserve Bank pushes for power of veto over big bank purchases
The Reserve Bank of New Zealand is pressing for the power of veto over significant purchases by the country's banks.
Richlisters up for Govt bailout
Taxpayers could be paying as much as $178 million to bail out a failed finance company owned by one of NZ's wealthiest families.
Dubliners flock to protest against price of EU bailout
More than 100,000 people took to the streets of Dublin yesterday to protest against severe austerity measures.