Daylight Robbery by Ian Wishart
Daylight Robbery by Ian Wishart
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If you want to know who benefits, it's the old story, follow the money. Will it be different this time around?
In 2001, Ian Wishart wrote 'the book' on state asset sales, examining the plundering of the BNZ, Air New Zealand and others.
Now, a decade later, with a National administration seeking to partially float state assets, Wishart's Daylight Robbery is re-released and updated with fresh information and perspectives on the subsequent bailouts of Air New Zealand, Kiwirail and the controversy surrounding Allan Hubbard's South Canterbury Finance.
With taxpayers and small investors billions of dollars out of pocket, are we about to repeat the mistakes of the 80s?
What about selling strategic assets like farmland or the national power grid?
And what happens if, as many are now predicting, there's a looming 'Karmageddon' coming for world financial markets?
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