ANZ 2.92% $19.77 australia and new zealand banking group limited

anz cds counter parties are cliff diving

  1. cya
    3,836 Posts.
    folks if things keep heading south at the rate they are we could have all the monolines in bankruptcy before the end of the year

    this will mean that 11.6B in ANZ monoline CDS exposure would have to be provisioned very shortly after the monolines are declared dead

    these kinds of provisions would see ANZ virtually abandoned by investors

    Mr Smith with his millions in wages will have presided over the destruction of virtually all shareholder value

    watch the monolines like Ambac and MBIA because if they fail ANZ will get smashed

    http://www.fool.com/investing/general/2008/11/20/why-financial-stocks-cant-find-a-bottom.aspx
 
watchlist Created with Sketch. Add ANZ (ASX) to my watchlist
(20min delay)
Last
$19.77
Change
0.560(2.92%)
Mkt cap ! $56.07B
Open High Low Value Volume
$19.40 $19.87 $19.29 $244.1M 12.48M

Buyers (Bids)

No. Vol. Price($)
1 700 $19.76
 

Sellers (Offers)

Price($) Vol. No.
$19.77 108780 5
View Market Depth
Last trade - 16.10pm 05/06/2020 (20 minute delay) ?
(live)
Last
$19.83
  Change
0.560 ( 2.97 %)
Open High Low Volume
$19.42 $19.87 $19.30 2770239
Last updated 15.59pm 05/06/2020 (live) ?
ANZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.