Westpac shows record profit

[Soren Lorenson]

http://business.theage.com.au/westpacs-184b-profit/20080501-29vv.html

how can this be in the current climate??

eehhhh duh!

the banks are in the business of making money, and they are pretty good at it.

its the people mortgaged to the eyeballs on struggle street that pay for the fallout.

the banks dont suffer

 

[alexlee]

Yeah, isn't it great? (Westpac shareholder).
Alex

 

[buzzlightyear]

http://business.theage.com.au/westpacs-184b-profit/20080501-29vv.html

how can this be in the current climate??

eehhhh duh!

the banks are in the business of making money, and they are pretty good at it.

its the people mortgaged to the eyeballs on struggle street that pay for the fallout.

the banks dont suffer

Suggestion, buy some WBC shares...

 

[LynnH]

Yeah, isn't it great? (Westpac shareholder).
Alex

Same here!! Also use them (almost) exclusively for banking - and get great savings with a Professional Package deal.

Cheers
LynnH

 

[Spectre]

I cant figure them out even more now