what eveyone is missing here.........., page-3

I doubt the rumour comments re: Scenario 1. No-one is talking within the banks, and likely no-one would be talking in the lead-up to the 1/2 year end on 31/3 for both NAB and WBC. There are too many internal and external auditors out in the field at the moment, so staff /management certainly would not be speaking with loose tongues.

As for SGH /management being the source, anything's possible, but then again, management have said many things in the past, so this would simply be another one of their statements (for whatever these may be worth).

Equally, even if true, then your comments have neatly sidestepped anything having to be done by SGH regarding OPEX, headcount, etc. They still have a spending /OPEX /integration /efficiency /management /Board /credibility problem, both collectively and individually, but it would seem that all's fine there, given the strength of your rumours heard comments.