BNB babcock & brown limited

If Phil Green and his team had done an admirable job they...

  1. 5,153 Posts.
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    If Phil Green and his team had done an admirable job they wouldnt have caused the unholy mess that BNB became.
    The whole business model was driven by greed , high fees, and way too much gearing.It simply was not sustainable.
    To blame shortsellers and opportunists, and media, is just a fantasy .
    By contributing $400 or whatever it is , it will help ensure that there is full transparency, and maybe see some charges laid, all of which will help prevent or at least delay the next generation of scammers.
    Taking the ASX out of the picture is a good move but there is a lot more required.
    Occam
 
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