From 2.8 billion dollars worth to negative ie debt in two years
Some iwis have lost hundreds of millions of dollars after settling treaty claims
The list goes on
Edit: sorry i have a galaxy s2 mobile and it's not possible to do any proper typing on that junk - i need either a note 3 or a microsoft surface with 3g :D ... some time in the future :)
http://www.stuff.co.nz/southland-times/business/8338301/English-can-t-rule-out-Solid-Energy-bailout
http://www.stuff.co.nz/taranaki-daily-news/news/6753868/Iwi-loses-almost-20-million
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10788984
other more personal stories (probably not really related to the gist of this thread)
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10662951
http://en.wikipedia.org/wiki/Allan_Hubbard_(businessman)