I still love the classic comments like ‘reality is in’ MQG has still managed to make $871 mill in profit during a global financial crisis. They have still managed to pay security holders a dividend, and staff bonuses.
Take the stick to them why don’t you headline grabbing papers. They have written down assets, reduced the bonus pool in line with the times. They are one of Australia’s foremost institutions and have ridden through this crisis better than just about any financial institution on the planet.
Results didn’t blow away the analysts predictions but so what if they can do this in this environment imagine what they will do when the world gets back to normal.
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