ANZ are teflon so far
ASIC are the ones to investigate..
We all know ..this thing reeks
However i am sensing..we might get up under the Federal court
The more i read..the more we all worked through the issues
i have been on it solid for nealy a month
the more i come back to Justice Roddy Maeghres conclusions
I just want the clients to be restored to their original positions
And an operative margin loan or the principles thereto applied
Of course it is all the things you say and more
Try this..we understand the book was $2bn as it went in
With $600m from other institutional counterparties ..of stock lent in
that is a further $600m that was let out of the pool
Plus Norm..$100m
Plus Tricom $171m
ANZ cant afford to let this thing go into liquidation is my bet
Finklestein ..might suprise us..i originally thought..that the surrounding issues werent aerated..
Todays Fin Review lifted my spirits
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