BBI 0.00% $3.98 babcock & brown infrastructure group

abriela wrote: "This is not for the average Joe blow, there are...

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    abriela wrote: "This is not for the average Joe blow, there are bigger forces at work here (as many might have noticed) , do NOT listen to the sickening plausible pro's operating on here, they are no friend of your's, and are here for a reason, read CVI.

    The banks are now demanding first security lending over any assets, as usual, Joe Blow loses, keep away from this group and it's ramp team, I expect this entire groups income to fall by at least 15% in Q4 08, and possibly up to 25% Q1 09 (OZ shuts down for Xmas hols til end of Feb). This is nothing but yet another absolute disaster evolving, banks and their ramp teams will attempt to keep the punters going while they exit.
    It's all over for the retail punters in anything BNB I think, the banks will take every asset and sell the lot off, doe's anyone remember the Pasminco bank rort?, same deal now emerging"

    Thanks for the conspiracy theories but I'll stick to fundamentals and facts. If a bank went bust, does that mean the liquidator can wind up every other bank to make sure they get their money back? You're off with the tooth fairies.
 
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