My view of the banks should not be spoken of here. I am concerned with my investment. Seeing investors burnt around the world makes me nervous. How can the major 4 here be safe when Deutsche, credit Swiss, chinese banks, Lebanese banks etc are all having massive problems? Will an excess in defaults of housing loans be an occurrence soon which will put a lot of pressure on the big 4 s shareprice?
CBA Price at posting:
$98.36 Sentiment: Sell Disclosure: Held
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