rba governor sounded deposits warning: report, page-9

  1. 8,506 Posts.

    "bank guarantee debacle & $10.4 bill handed out apparently by guesswork!!!!!!"

    cougar - were you out of the room when treasury mentioned something about not puttting up a model to work by as it could not be relied upon given the pace of changing events?

    yes, maybe it could have been handled better, but i didn't see turnbull jumping up and down about it till after murmurs from the financial sector - i thought he could have foreseen it, given his background

 
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