here are list of posts by njp over the last few months
this guy needs to be checked out by mods
You guys reckon Macquarie Group/Bank is in trouble over leveraging into oil dependant entities.
Check out the dramas unfolding at MTAA Super!!!!!
As for Maccas - your all about to explode in a brilliant white light.
You bought it you pay the price for paying the piper, every and I mean every investment bank goes broke in the end - think about it.
MTAA - not good. Majority oil industry holdings - not good.
News coming real soon on, they are relying on the fact that the bulk of memebers funds tied up in non listed entities - slow to report numbers (a little too slow)
MQG is in alot of trouble - Enron mark 2 as you have all heard time and time again.
Leveraging into twentieth century portfolio exposures was never a way forward guys.
Apparently the recruitment firms are taking a tonne of applications from current Maccas crew who can see the writing on wall.
Its inverted from every North Shore darling wanting a Maccas career - to now being either (a) a wine bar in Paddington (b) a second degree and five more years living at home getting stoned.
Maccas is toast - career wise.
Yeah and none of their kids want to work there either.
Maccas is career poison
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