Financial Hocus-Pocus? From managed fund to bank?
on October 31st, 2008 at 4:36 amThe suggestion that the Federal Government might extend its guarantee to managed funds in return for the funds becoming banks is, as Glenn Dyer has observed for Crikey, sheer bunkum. On the lender side, this sector of the finance industry largely arose to make money out of lending practices or financial products that were too […] ↓ Read the rest of this entry…

