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View Full Version : National Australia Profit Falls on Rising Bad Debts - Bloomberg



NewsWhore
04-27-2009, 08:50 PM
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National Australia Profit Falls on Rising Bad Debts (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da3woyyO_b8ck%26refer%3Dhome&cid=1342544348&ei=oFT2SfTaCoHoQvjn1MgF&usg=AFQjCNE-8ny4tcxmxtWLQs0BZyjyR1I0sQ)
Bloomberg
Cash earnings, which excludes gains from currency and interest rate movements on the bank&#39;s debt, declined 9.4 percent. “The bad and doubtful debt charge is a little higher than some would have expected and may head higher,” said Peter Vann, ...


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