BNB babcock & brown limited

will bnb survive, page-4

  1. 5,164 Posts.
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    Hi Jenny123, To quote Green ,...it is not rocket science. If they knew what they were doing then they wouldnt be in the mess they are in. The management fees they charge the other B & B funds is totally absurd and according to the 7.30 Report was not properly or fully disclosed to investors.This company and its business model are an embarassment to Australia and they dont deserve to survive.I am in BBI which has some quality assets so I think will easily survive if they reduce their interest in a few assets and pay down some debt.
    Occam
 
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