The My Food Bag IPO has not only been a massive disappointment, but it's also a major setback for the NZX.
It’s increasingly clear private car ownership has had its day – in our major cities, at least.
Banks aren’t the problem, and the tax system isn’t the problem either. Nor are those popular scapegoats, 'landlords' and 'speculators'.
Would anyone even miss the Fonterra fund?