OK BnH $50 to to the charity of choice if by the 31 Dec 2008 ANZ have not announced further write downs of $1B or more the loser shall scan and post a receipt of payment on HC
Citi are unlikely to be guessing they must have some source, your experience with another big 4 (with great respect) is not relevant to this discussion, Citi has reflected a mirror image of the risks I identified in my posts over the last few months so I am way out ahead of analyst commentary
If I could reverse it back to you :), what evidence do you have that ANZ is not exposed to the risks that
myself and Citi have identified. If Citi and myself are wrong about ANZs monoline exposure they have every opportunity to make full disclosure now and correct market perceptions.
If they do not do this can we assume that the allegation of monoline exposure is valid?
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