fridays, page-28

I they do cut divs the funds can really only look at it one way and that is that earnings will be on the slide for extended period . risk is too downside imo . i did see an interview with CBA CEO and he alluded to the fact that divs werent entirely safe . as i wrote last year the writeoffs are far from finished

http://www.hotcopper.com.au/post_threadview.asp?fid=1&tid=772593#3476212


......... the usual