I've recently got rid of the last of family's ANZ shares. Also down to a token few NAB (my father was an employee)
Ctindale, if you're of a mind, how vulnerable do you think CBA, WBC, and SUN are? If you've looked at these and have a view, maybe a reply under their codes, or ASX general, to forestall the mods jumping up and down.
I'm interested too in getting a firmer idea of the local banks' vulnerability to credit default swaps, or for that matter what the damn things are. A simplistic approach please.
Only if the subject would interest you. Not advice of course. I won't be paying you anything, except kudos :~)
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