bastion of strength, page-8

Alright, now that you've shown to everyone that you have NFI at all...

Few buyers for MEB mortgage bonds
06 August 2007 6:42am
Australian lenders felt the impact of contagion from the US sub-prime mortgage crisis on Friday, when Members Equity Bank announced that it had withdrawn a residential mortgage backed securities issue from sale.

The $500 million Maxis program issue of broker-originated loans had been on the market for a week.

Rest of the story

Suck in that sub-prime contagion, Gobbo. With your portfolio, you're gonna have to get used to it!