babcocks slippery slope

If the banks review and call in the debt they will be toast - this has to be a big risk.

Their whole business is predicated on confidence in their genius bankers and given they don't have any credibility in the market managing money I can't see them having a sustainable ongoing business.

All their funds have been pillaged so the CEO and co. can pay themselves $10mm+ salaries - it's a joke and the smart money has moved on and out. It's only the dumb money hanging around.

Will we get to see the bankers on TV walk out of Chifley with their office boxes aka Enron.