I think a lot of these analyst are overawed by the names BNB and Macquarie
like if it was produced by someone who managed to get a job in "the millionaires factory" it must be the work of genius
but the world has changed
even Green admits that he says he is prepared to look at other options
well if that is not an indication that the model is broke then I don't know what is.
BNB
babcock & brown limited
overdone or still more to come, page-10
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