CBA 1.34% $131.66 commonwealth bank of australia.

Hi , It became a rip off as soon as the bank was privatised.That...

  1. 6,585 Posts.
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    Hi ,
    It became a rip off as soon as the bank was privatised.
    That is what capitalism does.
    If a government ever gets around to starting another government owned bank , I am perfectly happy for dollar mites 2 , to start up again with that bank.
    Perhaps no attached credit card.
    Anyway , it was a ripoff , but it is one of the reasons we get to pay a premium for CBA.
    Nothing has changed , banks are not sweet and cuddly organisations .
    Dont see the relevance to whether you should buy or sell a bank share .
 
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