Seems that the once darling BNB is headed towards the trash can by the way things are going.
Seems that their last revenue stream has been sold off
MQG operates a similar model to that of BNB. Yes there are differences between the 2 companies. I heard that MQG borrows debt to pay dividends (not sure if this is true or not). All these special Vechicle Units that make accounting impossible.
Wonder if MQG is headed down the same path
A collapse of MQG will really send shockwaves through the markets and banking sector
BNB
babcock & brown limited
