Michael Fay and David Richwhite's Capital Markets had many interesting dealings with the Bank of New Zealand in the late 1980s and early 1990s.
The receiverships of Sacred Hill and the Fistonich family's holding company for Villa Maria aren't necessarily signs of a poor vintage.
The inflationary drumbeat is growing louder, both here and abroad.
This is an unexpectedly generous budget with big moves on benefit levels that ought to placate Labour's fractious base.