Quote Originally Posted by Alan3285 View Post
, but I don't know that they were 'stupid' - a reasonably quick payout might mean they've made an okay return with no capital risk.
Do you really think the Timaru grannies have the slightest bit of knowledge of the workings Dep Guarantee. I don't think they had a clue - instead they just blindly put their money into SCF to"support that nice Mr Hubbard who has done so much for the region over the decades". I hold POA for a depositor so I'll see just how long it does take to get the loot back.