BEN 0.49% $12.25 bendigo and adelaide bank limited

Bendigo Bank/Gt Southern crunch time, page-6

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    May be you should read the foot note: "at the time of loan application". Since then we had a few minor events like GFC, economic downturn, divorces etc. I maintain my view that BEN is not providing enough, unless there is insurance. Ben has never elaborated on this. However, to collect the insurance BEN will have to send the borrowers bankrupt. This will be a bloodbath ad the negative publicity will not stop for a while.
 
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