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View story 2 0 Fast rise of round robin lenders http://www.theaustralian.news.com.au/story/0,25197,24041659-... Submitted by cij 4 months, 4 days, 20 hours ago We would counsel our readers to take note of this article. This article says, "THE Reserve Bank of Australia has a dark worry about our banks: they get 90 per cent of their cash from each other. If one bank gets into trouble, the Australian financial system could be snap-frozen overnight. At a recent conference held by one of the world's largest banks, the Australian banking system was identified as one of the best investment opportunities, ***for going short***." Tags: banking system,Australia comment (0) | Category: Economics/Finance | Add cij as a source Comments Votes (my sources) Votes (Everyone) « go back

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