sorry moly, but it could well be that in a general sense, it is actually good that this type of business model is out out to rest. the model is all reliant on easy money, , which causes asset inflation etc etc - which causes inflation - and the interest rates, do put a halt to this type of operation. sure is not nice for the shareholders, and i feel their pain. did you read about the exorbitant salaries that the executives got????? - well, it is obscene -
BNB
babcock & brown limited
example of damage which rba can cause, page-4
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