EDITORS' PICKS

Just in case you've been tied up with the end of the financial year, here's a selection of the very best material we've published this week including commentary on Telstra, St George and Elderslie.

FTTN - piracy and porn
Alan Kohler
The votes are in and no one wants Telstra to build the NBN. Telstra, understandably, is foaming at the mouth. So Terria is about to hit the $4.7 billion jackpot and Stephen Conroy stands on the edge of immortality. There's just one small problem.

The capitulation of St George
Stephen Bartholomeusz
St George Bank says it's in tip-top shape, so why is it continuing to recommend the Westpac merger when the bid's value has fallen from $34 to around $25 a share?

Elderslie's big mistakes
Tony Boyd
Let's get one thing straight, the collapse of Elderslie had nothing to do with the credit crunch. It happened because of poor governance, an unsuitable investment strategy and the regulator's crackdown on risky debentures.

The McKibbin protocol
Giles Parkinson
On the eve of the release of Professor Garnaut's climate change report, ANU economist Warwick McKibbin released his answer to the Kyoto Protocol, minus the targets and timetables.

INTERVIEW: Poseidon's David Singleton
Isabelle Oderberg
Fresh from Harbinger Capital's $50 million cash injection, the nickel miner talks about where the money will go and the weight of expectation that comes with Andrew 'Twiggy' Forrest's involvement.