John Drinnan has interesting commentary on the debacle that was TVNZ's implicit endorsement of Hanover Finance.
The dolts at TVNZ seem not to understand that when their news reader endorses a company, TVNZ is in with him, whether it likes it, knows it or not. The giveaway line is here:-
Yet despite the failure of companies that destroyed many investors' savings - and allowing a former newsreader to present ads for the Hanover train-wreck - TVNZ has not changed its policy. "It's not black and white," said spokeswoman Megan Richards.
"The collapse of finance companies raised everyone's consciousness, including ours, in the sense that we were naturally concerned at our clients' ability to pay their bills," she said.
"There is no restriction at all on potential sponsorships from within the finance sector.
Says it all really. They still think it was all OK and all she's worried about is whether TVNZ would get paid.