14:08 Joe Moody's been withdrawn from the Canterbury side today. This after news All Black Tony Woodcock's RWC may be over due to injury.

14:06 Tony Woodcock has suffered a suspected torn hamstring which will most likely end, not only his RWC tournament, but his All Blacks career.

14:04 Outgoing CTU president Helen Kelly will ask Peter Dunne for permission to use cannabis oil as a treatment for lung cancer.

14:03 Police have charged a third man in Hamilton over Wednesday's aggravated robbery of the Hillcrest Video Ezy store

13:56 Drop in number of prisoners testing positive for drugs hailed as pleasing. Less than 4% of tests show prisoner drug use in 2015, down from 11% in 2008

Mon, 16 Jul 2012

JP Morgans 'whale' trade may now cost it US$7.5 billion

interst.co.nz boss Bernard Hickey tells RadioLIVE's Marcus Lush JP Morgans 'whale' trade may now cost it US$7.5 billion, not the US$2 billion initially estimated. Now American states are looking at a class action lawsuit against the banks that Fixed LIBOR. Also Moody's has cut Italy's rating to two notches above junk and NZ may have hit peak power, which is something buyers of SOEs should think about.

Share this audio

Become a fan of RadioLIVE on Facebook and on Twitter.

Post Your Opinion