Tuesday, 11 June 2013

Well that's settled then...

Headlines: from today's Yahoo! NZ site: "Treasury cleared over Solid Energy collapse", and from the Dom, "Solid Energy strategy contributed to downfall - report", both saying that the big message is that Solid Energy was the creator of its problems.

From today's NZ Herald's site: "Treasury not fast enough on Solid Energy - review", and from the NBR, "Treasury could have made more forceful Solid Energy response", both saying that the big message is Treasury's inaction.

Fair enough: opinions make markets, and a diverse range of media is an asset, not a complication. But you sometimes feel that if the sun didn't rise tomorrow, some media would run with "Treasury fails to forecast end of the world".

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