XJO 0.12% 7,822.3 s&p/asx 200

because NAB and ANZ say its all BS and that several trillion in...

  1. 746 Posts.
    because NAB and ANZ say its all BS and that several trillion in AAA rated CDOs are worth zilch globally and the tip of the iceberg really does hide a monolith. You wanna see crash you watch QBE. I'd say it is TOAST with the amount of poorly disclosed US crap it must hold (just guessing) - wouldnt suprise me to see it in single digits soon.
 
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