acquisitions
Macquarie doing writedowns, but still profitable, cash rich, & looking for bargains
Posted on Fri, 2009-02-06 00:12
Macquarie, Australia's leading investment bank with a presence in tollroads is continuing to writedown assets but remains profitable, has a healthy balance sheet, and shows no sign of going the way of the fallen Wall Street giants - according to data presented at an "operations briefing" by senior managers today.
