BNB babcock & brown limited

negative net asset position, page-6

  1. 8,028 Posts.
    Wachito, what I said didn't make sense but yours were even worst. If Gov bail out a troble company that was performing well, but got hit by credit crisis, BNB businese was built on cheap debt.

    Punters at the casino, lotto and horses are pure gambling, the house will always win. How could the gov bail them out? When the odds are against the punters. If US didn't have the sub-prime, the stupid idea of "if you can't make the repayment of your house, just hand me back the key" That was the most stupidest idea ever, blame the yanks!
    No sub-prime, no over valued houses, no big jump in shares.
    BNB this year would still be $10 bucks a share, the world would be a better place now.
 
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