Research by the Greens into just who bought the Mighty River Power shares show that those Mum and Dad investors were more like 'Mummy and Daddy dahling' investors
It's no secret that I'm no fan of National's partial asset-sales programme. To me it's always seemed like selling the rental property to pay to renovate the spare room. Why would you give away the long-term returns for the sake of a quick buck to spruce up a few schools, hospital and roads? Having said that, it's not the nuttiest of ideas, either.