1 billion exposure of oz banks to subprime, page-2

  1. 3,606 Posts.

    So Dub,

    Basically what that is really saying, is that the CBA want its customers to take the Hit for them by raising the interest rate because of their dealings in the US so now like the other banks, its just pawning off and upping the interest rate to make what losses they may take.

    correct?
 
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