http://www.dailyreckoning.com.au/property-market-at-inflection-point/2009/04/08/ An independent perspective on the Australian and global investment markets Tue, 16 Mar 2010 21:53:37 +0000 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/property-market-at-inflection-point/2009/04/08/comment-page-1/#comment-73873 Pat Donnelly Sun, 12 Apr 2009 04:02:22 +0000 http://www.dailyreckoning.com.au/?p=5613#comment-73873 The only way to create solvent banks is to liquidate some. Not necessarily the weakest. The government is going to choose. Their support can be bought. The banks with the biggest war chest, off balance sheet funds, will win out. Unsafe banking at its worst. The only way to create solvent banks is to liquidate some. Not necessarily the weakest. The government is going to choose. Their support can be bought. The banks with the biggest war chest, off balance sheet funds, will win out. Unsafe banking at its worst.

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