MQG 0.43% $204.69 macquarie group limited

macbank merging with another bank, page-2

  1. 4,005 Posts.
    Macquarie has over $36 billion under management 40% of its income comes from packaging assets into specialty funds which it then sells to investors. Due to the US fallout these funds have taken an initial 5% hair cut but because Macquarier grossle mis-valuated those assets by gearing them six to seven times their worth the results are going to be catastrophic. They are directly involved and impacted by the US credit markets.
 
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