The help provided in his book, After the Panic: Surviving bad investments and bad advice, includes a list of the finance companies and funds that got into trouble in recent years, the key people in the companies, and a list of directors.

A selection of quotes from documents published by some of the companies also highlights the disconnect between what companies were saying before they malfunctioned and what actually happened.

Take, for example, Provincial Finance which went into receivership in mid-2006 with $296 million at risk.

"You can have peace of mind when investing with Provincial Finance as you're dealing with an experienced, dedicated finance company," Provincial Finance said in a prospectus in 2005.

". . . when you invest with Provincial Finance you'll enjoy high levels of personal service, regular, easy to understand performance reports, attention to risk, and a good rate of return over the term of your investment".

In the book, Morgan said that in his opinion it was critical investors knew who had "demolished" investor wealth in the past, so they could apply the 'once bitten, twice shy' principle to any future dealings.

He described some of those listed in the book as "highly regarded New Zealanders".

"I do not suggest that they are directly culpable, but as directors they are still responsible."

NZPA

"We are very proud to have Telecom as our partner with the experience and technology they can provide and their tremendous passion for the All Blacks," NZRU chief executive Steve Tew said.

Telecom Retail chief executive Alan Gourdie said the partnership will mean exclusive All Black content and events for Telecom customers, enabling them to get right in behind the team.

NZPA

It said today it had resolved to further investigate whether to hold an inquiry and would seek further information from the Reserve Bank and "appropriate advisers" before setting possible terms of reference.

The committee is considering the Reserve Bank's financial stability report issued last month.

"This report questioned financial institutions' pass through of recent OCR cuts, related profit margins, lending terms, and noted the importance of maintaining a strong domestic banking sector," the committee said.

The Government and opposition MPs have been urging banks to pass on cuts in the OCR, which has been lowered significantly since the recession started to effect the economy.

NZPA

This is according to the latest BNZ home loan affordability survey produced by Interest.co.nz.

Home loans were most unaffordable in March last year when they took 83.4 percent of after-tax pay to service.

Affordability improved throughout 2008 but the improvement ended in February, March and April of this year when house prices stopped falling and interest rates began to bottom out.

"Home buyers will welcome this slight improvement again after a few months of stagnation," said BNZ general manager of strategy and marketing Blair Vernon.

The threshold proportion of after tax income considered prudent to sustainably own a house is around 40 percent.