15:41 There will be a Game Six of the NBA's Western Conference Final after the Warriors beat the Thunder 120-111 in Game Five.

15:41 Two of the country's largest media companies, NZME and Fairfax NZ, have applied to the Commerce Commission to merge their operations in NZ.

15:18 South Island motorists are being urged to take extra care on alpine passes this weekend, with snow due to hit from early tomorrow.

15:18 Health Minister Jonathan Coleman has stumped up with another $9.7 million to cover the cost of a new hospital on the West Coast.

15:16 Russell Tully, convicted of murdering two women at Ashburton's WINZ office, is protesting his innocence, saying he was mentally unwell.

Fri, 20 Jul 2012

Convicted Capital and Merchant executives cynical

interest.co.nz boss Bernard Hickey tells RadioLIVE's Marcus Lush Directors of Capital and Merchant look set to be jailed after being convicted of charges relating to the collapse of the finance company owing 7,500 investors NZ$167 million. The SFO said Capital and Merchant was as bad as anything in the collapse of finance companies and involves directors making deeply cynical claims and opaque statements that allowed them to put money in places investors didn't expect.

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