I actually find it tragic that MBL is so exposed to such dealings. IMHO, these funds are like pawnbrokers and when the "millionaires club" is only being pushed by enormous incentives in terms of massive performance pays you nwill only get short term rewards, you know they are in trouble....NAB suffered due to this and MBL will not recover for some years IMO. She is a short.
More to come IMO and it looks sinister.
She's in trouble.
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macquarie bank limited
I actually find it tragic that MBL is so exposed to such...
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