macquaire takeover

The doughnut has been planning a takeover of one of the large banks in Australia in what is shaking up to be one of the world's largest dollar takeovers.

MacQuarie Bank has already been doing its homework on many of Babcock and Browns assets although for some reason the hustle and bustle on that target went quiet. Is it the quiet before the storm? only time will tell.

MacQuarie Bank though has for some time now been doing the due diligence on a target which is a 4 pillar bank. Nothing seems to have moved. When will they pounce??

Timing of the execution of their plan is the essence of it all. Where the information comes from is not anyones guess but mine to know. And it is reliable.

There is some disquiet about it all though. The extent to which MacQuarie itself got burnt in the market shakeout recently and still occurring with the financial aftershocks is not reported. Why??

We now suffer from a self regulated market, whereby disclosure, compliance and governance is regulated by the big players for their own interests and no one dares check their facts for its accuracy.

The rest of us are subject to the statutory regulators who tend to overreact each time someone coughs in the small street.

Intersting times ahead indeed.