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0.41% $29.72 anz group holdings limited

'If the GFC taught me anything, banks nornally win and fight...

  1. LJsilver
    4,702 Posts.
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    21/01/16
    19:33
    Post #: 16844665
    'If the GFC taught me anything, banks nornally win and fight another day.'

    I don't agree with this.

    Why do you think WesPac was given permission to acquire St George in 2008? St George was on the ropes.

    In the U.S alone, over 2008 - 2009 182 banks failed.

    However, I think you're right in that the big Aussie 4 will be fine.
    ANZ Price at posting: $23.11 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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