riddle me this martis and fellow bears , page-32

  1. 238 Posts.
    "I asked a question. If you had $200k in, say, CBA, and there was a 'whiff' of a 'collapse', would you bail out?

    if i had the chance, yes. although in oz the depositor gets first claim to the assets before debt and equity claim holders. so there is more risk owning bank debt and stocks than parking cash in their vault

    "Would you stay if there was Gov guarantee?"

    depends, maybe maybe not... due diligence.

    "Why should my taxes bail you if you didn't do 'due diligence' and find out where CBA invests your money?"

    That's my point no ones taxes should. i don't care if they are your taxes or not.



    "Bail and then make sure they pay back, with interest"

    i can't understand what this means
 
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