Stocks, I believe that the question you asked should be re-phrased. What if BNB is not happy with the banks' restructure plan. Let's face it, who do you think is actually calling the shots here?
In the end BNB will need to take the "advice" of the banks....in other words, comply with the deal or not. IMO, they have no choice, and though it will be presented as "BNB's plan," it will be a collaborative effort that sees the banks protected and rewarded for their investment, and which lets BNB live again.
Once again, just my view, but common sense doesn't seem to be all that common in the present environment.
BNB
babcock & brown limited
Stocks, I believe that the question you asked should be...
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