NAB 0.64% $31.28 national australia bank limited

nab huge losses

  1. 831 Posts.
    This bank continues to rely on carefully prepared news reports or public announcements to conceal large losses in the market. The latest (Latest??) is the work of Rogue traders activities within the bank. latest?? Cheech went public on this some time back.

    NAB should come clean about their acoutning policies, internal controls and profitability. Their loans books smell like a 3 day mackeral in the sun. Their property exposure to the extent of real possible losses exceed $4 billion and not $100 million like they claim.

    Why not tell us about the rouge trades Frankm, before we tell YOU.
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