One of the things that bothers me most is the effect of this action on SCF's current 8% debenure offer. Apparenly this was getting a reasonably good response from investors until the bomb shell, which must surely have halted this much-needed inflow of funds and cast doubt on Sandy Maier and team's efforts to rebuild. Minister Simon Power said the action was being taken to among other things "protect investors". IMO this precipitate action has further endangered the interests of SCF's 300.000 or so iinvestors.