1. 

   Edwin Member

   Here;-
   
   Mainly poor credit risk modelling and management, their share was trading at less than 1 Rand by noon today.
   
   http://www.bdlive.co.za/businesstimes/2014/05/11/bloodshed-at-african-bank

    

   Edwin, Aug 7, 2014

   #1
2. 

   Simon James ActEd Tutor Staff Member

   Great story - thanks. The perils of unsecured/subprime lending!

    

   Simon James, Aug 11, 2014

   #2

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