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"Wouldn’t it be better if all of that could be palmed off on to third parties, to leave the banks doing what they are really good at, which is peddling debt."

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John Spencer

Massive KiwiRail asset writedown

BusinessDesk: SOE KiwiRail proposes NZ$6 bln writedown of assets, overhaul of capital structure

28th Oct 11, 11:55am

by BusinessDesk

BusinessDesk: SOE KiwiRail proposes NZ$6 bln writedown of assets, overhaul of capital structure

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