help pls., page-25

Your knowledge in how underwriting works is limited as shown by what you typed.

Being a direct underwriten of say CBA or whatever you mention does not mean anyone is any good or bad....

Let me tell you Merchant/Corporate banking works very differently that what you say .... "you need to be listened too"....I am ...and I am laughing...

This is how it works......going solo in underwriting is NO joke....behind the scenes tehre is syndication happening. DO you know what that means? Banks who underwrite something 100% actually have bank up fron other M&A or Corporate banking partners. So my bank does a 1Bn underwriting but there is no way we take that much risk on our balance sheet....

We then go out to say Mac bank,CBA,Citi,MS,GS etc etc and get a syndication in place. In this case all these sub underwriters may not get the name of a major underwriter in the press but they still have 'HOLD' positions in that debt.

You think buying up airports, Cross City,M7 and countless infrastructure deals is a joke ?

YOu demonstrate very little knowledge of merchant banking. Why I know all this ? I work for one....wont name names...we have associations with Mac and other overseas investment banks and I am working on many deals right now which ahve syndication and sub underwriters.

Little research will take your posts a bit more informative...mindless ramping is not entertained...

I am not saying MQG is not in troubkle....yes is it..when economic times are uncertain - M&A gets very difficult and so does generall lending.....

So please.....get your research happening...