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Today’s Money Morning contains a special surprise for you… With the help of one of my colleagues I’ve produced a short cartoon video. It’s based on our revelations surrounding the Aussie banking bail outs. Hopefully you’ll like it. And if you really like it perhaps you’ll forward it to your friends. Then they can find [...]

Poor National Australia Bank [ASX: NAB]. Or I should say poor customers of National Australia Bank. Another so-called “glitch” struck it again yesterday afternoon. Twice in the space of a couple of weeks. Dear oh dear. If you’re an NAB customer I’d suggest twice is enough. It’s time to shift your savings account somewhere else. [...]

The Secret Bank Loans saga continues. Your editor has lodged a Freedom of Information (FoI) request with the Reserve Bank of Australia (RBA). From what we’ve been told, the RBA has thirty days to process our request. In a nutshell we asked for all internal and external communications from and to the RBA about National [...]

You’ve read a lot about the banks in Money Morning during the past week. And today is no different. So strap yourself in… Yesterday we gave you the reply we’d gotten from the Reserve Bank of Australia (RBA). We’d asked them when the RBA had been told about National Australia Bank [ASX: NAB] and Westpac’s [...]

Recently, the US Federal Reserve downgraded its forecast for 2011 and 2012. Initially many – economists and other people that consider themselves ‘in the know’ – suspected growth would be anywhere between 3.5 – 4.2% for 2011. However, it turns out the Fed now believes growth will be between 3% – 3.6% for 2011. This [...]

It’s time for an apology. No, not from your editor. We’re always right, so there’s no need to apologise [wink]. Instead the apology needs to come from the Australian mainstream financial press. The same financial press that told you Australia’s banks were strong. That Australia had the best prudential regulation in the world. That Australian [...]

“I think you have a hit an all time low on this one. “Having no interest in NAB’s success, but being very knowledgeable of the inner workings of the payments industry the conclusions are absurd. I support a lot of the messages in your newsletters. But stick to what you know something about, rather than [...]

Before your editor carries on today, we’ll declare an interest in today’s article. Thanks to last week’s so-called computer glitch at National Australia Bank [ASX: NAB], your editor hasn’t been paid. So just bare that in mind in case we get a bit narky this morning – sorry, more narky than usual… We notice NAB [...]

It’s always nice to see the banks get into the ‘I’m better than you’ joust. This time, National Australia Bank (NAB), has come out swinging at all the other at major banks, talking about a ‘lending bias’. Not sure if you were paying attention, but only a few months back, the NAB proudly ran prime [...]

We’re still in Australian Small-Cap Investigator mode today.
If you happen to be a subscriber to Australian Small-Cap Investigator I should let you know that the February issue will be released on Monday. If you’re not a subscriber then click here to subscribe.
Anyway, back to Money Morning…
Yesterday I wrote to you about mailbags bulging at [...]