Sadly, it may just be delayed post traumatic collapse stress syndrome.
After all, every one of the laudable & positive points made by Birmanboy were recently believed (by most) to apply perfectly to SouthCanterburyFinance !

At another level, i feel more generally that NZ market returns or investment yields do not adequately reflect the risks taken on by investors.

And i prefer to avoid altogether the very fraught question of whether we can trust what we are told, even if endorsed by reputable auditors.