take BNB today gosh..... another financial biting the dust....Is...

take BNB today gosh..... another financial biting the dust....

Is this the sign of what to expect when end of this year we read the financial pages about the Reset Defaults of the sub primes for 2008 ?

It absolutely amazes me this sell off on Babcock & Brown....

We are living in a completely false economic fase....and ppl have to be very careful now....especially if you are invested in specs.....

The smoke screen is clearing and the real thing is coming out slowly....

So ST. George story will be told to us ? when ? because their are the biggest story to be told next year.....

The fifth biggest bank in Australia is a goner and this is alarming IMHO.....the real depth in economic trouble we are in for is unkown and I hope the so called experts in finance will not kill the pensioners in our OZ land....

the average pensioner or the medium class working family super have lost an average of 6% to 12% in value.....

God help our pensioners....where the most disgusting thing in this country is to have a compulsory system for our super but, NO protection to it whatsoever......

cheers