monday trading, page-80

  1. 9,803 Posts.
    Macquarie Group, whose shares have plunged 60 per cent since May and which has been the subject of heavy short selling by hedge funds, will be covered by the banking guarantees along with all banks, building societies, credit unions and Australian subsidiaries of foreign banks.

    They will be able to buy insurance from the Treasury for any new or existing debt issues, which means they can borrow on wholesale markets using the Government's AAA credit rating.

    Now watch BNB do da double bum slappin touchdown whoosssskaaa!
 
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