jamber,
The Guarantee is permanent. When it was obvious the banks needed the guarantee they paid for it. This is akin to only having to pay for cyclone insurance once the cyclone warning is sounding.
We now all know that the big four have a permanent guarantee from the Commonwealth. They should pay for it.
If they want to be considered part of the free enterprise system they should pay for their guarantee.
I have on occasions needed to borrow money. These userers take every cent they can, I have no problem with that they are mercenary. I laugh at the adds that try to depict themselves as any better than shylochs.
If any customer wants to know how they are valued try ringing a helpline.
These loan sharks are just that. They make cash converters look good.
They should pay for their guarantee.It is the banks not the mining industry that should be paying a super tax.
Bacci
cba greed is apalling, page-48
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