Guarantee rules tightened

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Uploaded by on Oct 15, 2008

Panel 1
Guarantee rules tightened
Early scheme criticized
Too easy for newbies
Possible for weak ones to grow

Panel 2
Most concerns addressed
But still not ideal
New firms must be BBB-
BB firms to pay fee
On new deposits

Panel 3
What does this mean?
South Canterbury Finance
Marac Finance
Equitable, SBS, PSIS
Still able to go for gold

Panel 4
Building society bonds covered
Mortgage trusts not
Neither are unit trusts
Still a risky mess

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