NAB 2.07% $36.95 national australia bank limited

nab to take 400ml hit over cdo writedowns, page-2

  1. 1,471 Posts.
    meh.

    I don't even know how to read this. 100 million to protect 1.6 billion seems like a pretty good deal. 400 million hit is 10% of their profit this year, they should have taken the hit upfront.
 
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