BNB babcock & brown limited

babcocks slippery slope, page-30

  1. lp2
    503 Posts.
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    Sorry sydneyguy don't have a list but don't think it matters - will be the usual suspects in the banking group.

    The thing that irks me the most is the fact that BNB is inflicting massive collateral damage on its funds, when it is meant to be acting in their best interests, they are using the funds to prop up the parent which is totally unfair. There should be an outcry by the likes of BBI, BBW and BBP shareholders because their directors are doing NOTHING to stop BNB destroying value. Agree the satelittes own real assets but the more BNB stays in the drivers seat the more likely they are to sacrafice the satelites value to save the mothership. Where is the integrity?
 
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