I agree, the problem investment banks (including Lehman) have been smashed because of exposure to dodgy mortgage loans ie sub-prime. You would think BNB with its interest in infrastructure and utilities would be a safer prospect, than Aussie home lenders (ie big banks) given overpriced residential prices. But the govt would jump in qicksmart to protect the big banks in any problem scenario. I dunno.
BNB
babcock & brown limited
