Fragen? Antworten! Siehe auch: Alternativlos
How did NAB get caught in $1.2 billion mess? They had a number of big clients who wanted to invest in these US housing loans. They were sucked in by the 'triple A rating' given to the securities by the rating agencies. They did not take into account that the monoline insurers who guaranteed some of the loans had no substance. To become a player NAB took out $1.2 billion in these triple A securities and 90 per cent of it has been lost.
Und dann folgender Lacher:Fortunately it only has a small exposure to the bad loans.
Wenn eine Milliarde "small" ist…Update: das hat den Aktienkurs deutlich gesenkt:
On 25 July 2008, NAB's announcement of an additional $A830m provision associated with deterioration in US real estate markets triggered the biggest single-day fall in its share price in 21 years, wiping over $A7bn from the stock's value.