Not laminator, it looks like scud has been banned. Hopefully its only in the sinbin like moretti. We all get a bit emotional at times.
yes he's been banned. i don't think you're allowed to call people a paedophile or a dickhead. it might pay to keep that in mind just in case you were considering it
hmmm... true tho, just because you and laminator are very close, doesn't make Laminator a paedophile! LOL *****running away.......
Not going there PP, I did make a post the other day that laminator may have interperted it that way. But unlike others the context didn't express it.
You confuse me! It was Adelaide Cup day today, I think the rest of you had Labour Day. School tomorrow.
well...you're smarter than scud. he actually said it. oh well. it's only for 2 weeks. anyway..hope that answers your question as to "why"
On Topic USA lending market ________________________________________ Following the problems in the sub-prime lending market in America uncertainty has now hit Japan, in the last 7 days: Origami Bank has folded. Sumo Bank has gone belly up. Bonsai Bank announced plans to cut some of its branches. Karaoke Bank is up for sale and will likely go for a song. Shares in Kamikaze Bank were suspended after they nose-dived. 500 staff at Karate Bank got the chop. aaaaaaaaaand analysts report that there is something fishy going on at Sushi Bank where it is feared that clients and staff may get a raw deal. Thank you very much.
As I'm in the 'subprime' market this is the funniest I've read for ages! Thank you for making my day!
Anyone taking shots at low it (MQG) can go? Given a couple of the statements in Weekend Australian, I'd say it could be pretty low. Interestingly, because of the name change, no long term charting is available now - 2005 low was 31.61 but I don't have anything older than that.
Yep, I think lower. The share price of MQG is always going to be more volatile than say CBA, with more up and downside. I suspect MQG shares will be worth less than say CBA shares in the near term.
If only predicting the market were that easy... MQG touched $42.95 today, it's lowest since the 10/3 when it touched $43.33 In between these dates it touched $52.57, so a bit of a roller coaster ride there, up nearly $10, then down again, then who knows where ? I am expecting another interesting week on the markets though. M
Agree, I think there is still plenty more bad news to come out which will drive the market down. Monday in the US market will be telling, the BS bailout on Friday really scared the market, and that's 2 days after they claimed not to have liquidity problems. With recent FED rate cuts not appearing to change the negative market sentiment, I'd be surprised if this weekends emergency rate cut will do any better. And the FED is running out of room to move, it can only go to zero, and then what ? http://www.marketwatch.com/news/story/fed-acts-sunday-prevent-global/story.aspx?guid=%7B43265631%2D1656%2D4697%2D8377%2D55F05D859B76%7D&dist=TNMostRead M
In Australia the non bank lenders are very tight for money,several have shut there doors ie Bluestone and a few small ones.
Rob, You predicted this would happen, I suppose the wholesale funds from O/S have dried up? What's your view on the Aussie banks and their exposure to low doc loans ? CBA / NAB/ ANZ ? WBC M
its so my boys are saying,plenty of work just hard setting the deals.The majors regarding exposure there looking fine as they often secure loan with property and the debenture over a business.