NAB 2.07% $36.95 national australia bank limited

nab to take 400ml hit over cdo writedowns, page-18

  1. 2,717 Posts.
    So how much did they pay for it?

    & do you really think that farmers are their only customers ie what about the country town folk who took out loans (on inflated real estate prices) to buy (or remove equity from) homes & what that will mean as the economy grinds to a halt.

    No banks are going to be spared by this & the smaller they are the more certain that is ... less spread of their risk
 
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