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amp and lehman brothers, page-5

  1. 33,567 Posts.
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    " I still fail to see however with a strong bank balance and heavy superannuation market share how they can be linked with Lehmans."

    Well when you guarantee an income as they are doing with their Number 1 Fund and equity prices are falling what do you think is going to happen to the mark on market value of the under lying assets?

    Couple that with no central fund (like Lloyds have for extreme contingincies ) and I would think you are going to have a credit down grade, you cant keep putting your hand out to the market for a top up every 4 months!

    I see this at $2 by June SUN is even a better bet than these guys


 
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