afr today, page-4

sasha9 - Keep perspective on this sash, yep, in a perfect world WestLb would not need another 3 weeks to consider their position, but equally, in a perfect worl dCNP investors would still have shares worth $10 and be getting paid impressive dividends......when push comes to shove as most reputable financial analysts will tell you....centro cannot be allowed to fail from almost any angle in these circumstances.......sure if it was one of the larger creditors pulling CNP on then yep, dramas all round......but this is, in reality a creditor owed less than 5% of the total debt which is unsecured, and which (1) if they do call it in, they will be on the bread line, with other, much more substantial creditors asking for their 23c in the dollar, (2)cause substantial loss to other, much more powerful banks which have a degree of influence globally from Australia, Asia and the US, and would inevitably bring some of that to bear upon them.

The WestLb problem is annoying, but that's it, yep it's a worry, I do not profess to have all, if any, of the answers, but it is important not to get snowed under with negative sentiment......