Sorting out the announcements would be a herculean job. Probably...

Sorting out the announcements would be a herculean job. Probably three headings would suffice at the moment - The Good, The Bad, The Ugly.

Key staff changes occurring faster than my wife's choices for new curtains. It may be just me, but that may indicate quite some dissension in the upper ranks. If that is true, then obviously that is not a good thing, perhaps where change is needed is where the buck is supposed to stop.

Whilst one cannot argue that profits are still occurring/rising, so is the debt levels it would appear by last years google finance stats..

Bank..................Debt...........P/E..............Div..............Ret on Eq

ANZ..................180.83%......10.71.........6.72%............15.21%

CBA..................386%...........12.92.........6.27%............18.17%

NAB..................276%...........10.33.........7.19%............12.40%

WBC.................544.52%.......9.38...........7.39%............17.45%

These figures are for the financial year to 30th June 2011, although I cannot attest to their complete accuracy.

Of my big 4 investments WBC continues to be the most disappointing to say the least.

In fairness, it is tough times growth wise in the Aus banking system. In the mean time, perhaps some new direction may be more desirable. Until then, my only accumulation will be through DRP.