The bull shit boyz from B.S. were major playas in the smoke and...

The bull shit boyz from B.S. were major playas in the smoke and mirror wealth illusion. No tears for them.
Their problems will add more pressure to interest rate spread with a major injection of fear and uncertainty.
So St George may have to pay more for funds, but surely as new business is written, they will be covered and the customer is the one that will hurt.
Other than increase in cost of funds on worldwide market, St George has said they have no direct exposure to these US subprime and derivative problems.
A loud clear simple announcement by St Geoge to the market about this and the secured nature of their Centro exposure would be timely.
Otherwise their SP will suffer further from the general sentiment.
Why not get the BS Boyz to repay their Christmas bonuses from the last 5 years? Send them to prison after a mock trial? Leverage their sentence in reverse so 5 real years equals 1 of actual sentence. They could form their own prison subculture / gang of palyas who sent the US of A down the tube.