50 buck bet to your favourite charity, page-49

Like the previous link showed the under supply argument is a myth

ANZ has large overseas debt market exposures
CDS exposure to virtually bankrupt monolines
It self insured its riskier loans
It poor management track history as Opes proved
I has NZ exposure where it would is likely to be worse
Its easy to be master of a few than a generalist across many
We are on months of a second down turn in the US, this one could be worse than the first

http://globaleconomicanalysis.blogspot.com/

http://www.nakedcapitalism.com/2009/08/is-this-start-of-big-one.html

the 50 calls are going to look delusional in a few short months