NAB 0.40% $37.27 national australia bank limited

nab warns on 2009 bad debts, page-2

  1. DSD
    15,799 Posts.
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    Chaney didn't even mention coming blowout in mortgage defaults here in Oz. The biggie will be the bloodbath NAB banks in UK will suffer. Whatever Chaney currently estimates 2009 bad debts will be... i would double his estimate. NAB will def cut 09 profit and dividend.
 
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