MQG 0.62% $209.75 macquarie group limited

No ABS market = no Macquarie. Not as we know it anyway.Harsh but...

  1. 608 Posts.
    No ABS market = no Macquarie. Not as we know it anyway.

    Harsh but fair

    Why wouldn't they write down MIG and MAP? Because that would have shredded MQG's capital adequacy ratios. Pretty simple.

    Amazed it took this long really...
 
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