R
Rod Speed
- Jan 1, 1970
- 0
Mr.T wrote
Nope, because we ended up with a very viable banking
industry once it was no longer run by public servants.
There is a reason the ComBank completely dominates the house mortgage market.
Thats wrong too, they got a hell of a lot for it when it was flogged off.
Wrong again, they got a much lower margin between what
was paid for deposits and what was charged on house loans.
And they also received Government guarantees on their deposits.
But selling CommBank shares for a few dollars, when they are
now worth over $50 due to the fee gouging free for all that ensued,
Nope, because we ended up with a very viable banking
industry once it was no longer run by public servants.
There is a reason the ComBank completely dominates the house mortgage market.
was a real win for some, but NOT for taxpayers,
Thats wrong too, they got a hell of a lot for it when it was flogged off.
or non share-holding bank customers!
Wrong again, they got a much lower margin between what
was paid for deposits and what was charged on house loans.