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[sharechat] NBR Articles - EQC investment

From:	"Oliver Shapleski" <oliver.shapleski@vuw.ac.nz>
Date:	Fri, 2 Jun 2000 17:07:46 +1200

Did anyone else notice the absolute absurdity that requires the EQC to invest in NZ public securities?

This sounds like the most stupid invesment plan in the history of stupid investment plans. What kind of insurance business would be insuring NZ companies against loss while having their investment funds tied up in NZ companies?

Does anyone think this should be pointed out to the government?

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