The big four banks as i understand it have a position of leverage of at least for $1 of assests they have $100 leveraged in Derivatives or some $40 billion worth now if that is true i think we can see at least one and maybe two banks fold in the next 12 to 18 months. I have term deposits with the Commonwealth bank and will be asking questions on Monday to what is there position. Once i have an answer i will post it on this web site. Regards Dennis
