IMAGE
Scott, Thomas, 1947- : "Didn't I just feed you 1.2 billion a while ago?" 6 April 2011
- Date
- 2011
- Reference
- DCDL-0017459
- Description
The cartoon shows Finance Minister Bill English who holds and feeds one baby that represents the Christchurch earthquake and stares at a second shrieking baby in a cot that represents 'South Canterbury Finance'. He looks very worried and says 'Didn't I just feed you 1.2 billion a while ago?' Context - Earlier this month, Crown financial statements for the eight months to February showed the Government's books were worse off than earlier estimated and the failure of the Timaru finance company last year was one of the main reasons. Finance Minister Bill English said the accounts showed a significant impact from the second Canterbury earthquake and a "$331 million revision in the estimate of recoveries relating to the deposit guarantee scheme which was not forecast". Most of this is attributable to a reduction in expected related party loan recoveries from the receivership of South Canterbury Finance," Mr English said. "Overall, we now expect a net loss from the Retail Deposit Guarantee Scheme of around $1.2 billion, compared with earlier estimates of around $900 million." (Timaru Herald 14 April 2011)
Quantity: 1 digital cartoon(s).
- Use/Reproduction
- Please check copyright
- Access restrictions
- No access restrictions
- Part of
- Scott, Thomas, 1947- :[Digital cartoons published in the Dominion Post]
- Format
- 1 digital cartoon(s), Works of art, Digital images, Cartoons (Commentary)
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Scott, Thomas, 1947- : "Didn't I just feed you 1.2 billion a while ago?" 6 April 2011. Scott, Thomas, 1947- :[Digital cartoons published in the Dominion Post]. Ref: DCDL-0017459. Alexander Turnbull Library, Wellington, New Zealand. /records/22781931More information can be found in our terms of use.