Disgraceful organisation. The irony is that Australian taxpayers saved its sorry ar*e during the GFC - shorters had it on the ropes - when the regulator intervened and banned shorting of banks and the govt guaranteed aust bank debt.
A bigger irony is that Macquarie’s boss & his executives debated giving up its banking licence. Luckily they didn’t as this decision ultimately saved the organisation from the same fate as Babcock and Brown.
www.abc.net.au/news/2014-10-20/verrender-debunking-the-great-australian-banking-myth/5825466
Disgraceful organisation. The irony is that Australian taxpayers...
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23.0¢ |
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Mkt cap ! $659.3M | |||
| Open | High | Low | Value | Volume |
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