this dog has taken a breather and is starting to run.
the demise of the hedge funds(remember LTCM) shows that risk control is not part of their strategies.
the ceo has worked in risk management roles and MBL will appoint another expert in risk management as an independent director.
with lots of new acquisitions announced in the last few days and one successful tollroad bid (Montreal) not yet announced to the market, one can't ignore the fees that will drive this yr's profit.
hopefully can't see the sp falling that much.
MBL
macquarie bank limited
this dog has taken a breather and is starting to run.the demise...
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