tag:blogger.com,1999:blog-2830084253401570472.post1138596043046475322..comments2024-03-18T15:42:43.140+13:00Comments on Offsetting Behaviour: Deposit InsuranceEric Cramptonhttp://www.blogger.com/profile/15831696523324469713noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2830084253401570472.post-32562405624807771362015-03-19T13:39:12.830+13:002015-03-19T13:39:12.830+13:00There are really nothing like insurance when it co...There are really nothing like insurance when it comes Forex trading one has to take risk in order to achieve something but I am very lucky that I get rebate (cash back)<br />on every trade that too 50% so this helps me stay calm and use it as a kind of<br />insurance policy and this is provided by OctaFX broker which has won 9 awards<br />in just 4 years so every offer or service which they provide is always special.Mattnoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-48467156690702911772013-03-25T09:38:32.400+13:002013-03-25T09:38:32.400+13:00I'd have thought depositors' claims should...<i>I'd have thought depositors' claims should have been ahead of all others, so there must be a good reason that they're not.</i><br /><br /><br />I recall Rod Oram mentioning this on one of his NatRad Business columns a month or two ago. It is a recent tweak which went below the radar, where term deposits got knocked down the creditor chain but without an interest bump to reflect the increased exposure. Another cunning scam enabled by the Nats.Will de Cleenenoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-17487571908161946282013-03-22T13:08:40.251+13:002013-03-22T13:08:40.251+13:00The better comparison I suppose would have been wi...The better comparison I suppose would have been with AMI Insurance. There, they should have gone with a haircut and didn't.Eric Cramptonhttp://offsettingbehaviour.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-65475806635267188192013-03-22T12:30:10.166+13:002013-03-22T12:30:10.166+13:00They'd have been tempted to, there'd hopef...They'd have been tempted to, there'd hopefully have been strong push-back from the bureaus about how you can't pay out people for insurance they didn't buy unless you want to make insurance mandatory afterwards. <br /><br />I think they had bailed out the finance companies because they were caught scrambling when Oz put in deposit insurance, nothing was really in place here, and everybody was scared all funds would flee to insured accounts over there. Having the pre-set disaster plan makes bad responses to disaster less likely - I'd have thought.Eric Cramptonhttp://offsettingbehaviour.blogspot.com/noreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-88870360124563442132013-03-22T11:23:06.828+13:002013-03-22T11:23:06.828+13:00Eric: Good point about the Canterbury quake, but w...Eric: Good point about the Canterbury quake, but would a Labour/Green govt also have not bailed out ChCh?Thomas Lumleyhttp://twitter.com/tslumleynoreply@blogger.comtag:blogger.com,1999:blog-2830084253401570472.post-46708455030162437722013-03-21T19:50:31.418+13:002013-03-21T19:50:31.418+13:00I went into ANZ. I said I want an account. I gave ...I went into ANZ. I said I want an account. I gave them passport, birth certificate, marriage certificate with living address. Also two utility accounts being Contact energy and Telstra clear with internet addreses on them. The blonde rang some paranoid pink shirt in had office and then she said I am sorry but we do not have sufficient proof of your address. <br />I said why don't you come and sleep with me for a few nights and see if you believe I live where I do. Close my account woman.<br />After that I went to a party and we started talking about Banks, and I found out how much New Zealanders hate Australian banks. Some of them were with paypal, some with building Societies, one even had gold, but we all hate Australian bankspaul scottnoreply@blogger.com