MQG 1.46% $228.20 macquarie group limited

michael west still $65 in front, page-11

  1. 1,348 Posts.
    "For example I put a $100,000 deposit into CBA. They can then lend out up to $2.5m (correct me if I'm wrong I think the ratios are something in the vicinity of 25x for retail deposits). "

    What happens to the $2.5mil if you default on the $100k???
 
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