Whilst the recent ABC article by Daniel Ziffer has merit, like many mainstream media reports these days, they are somewhat limited in scope, depth and lacking teeth – scratching at only the surface. A bit like what the RCB did. Proper investigative journalism seems to be a dwindling art form aided by the decay in
By Daniel Ziffer Billions of dollars were stolen. Dead customers were charged. Worthless products were sold to millions. Key points: The final report of the Banking Royal Commission was released two years ago Of its 76 recommendations, only about one-third have come into law Some key protections have been downgraded or abandoned Two years ago,
“United we stand — divided we fall”– Aesop, Greek slave & fable author (620 BC – 560 BC) For decades, if not hundreds of years, people have been betrayed by banks who have stolen their property and their lives. Trust and confidence has been breached and eroded. Misrepresentation and misconduct has been allowed to flourish.
How does Lendlease make its asset valuations? “Blooms of mould and lead paint … infestations of snakes and cockroaches and dangerously faulty window screens”. Lendlease has come under fire in the US from the families of soldiers living in its military housing at Fort Hood for “abysmal housing conditions”. The irony is that this is
Coined from the early Native American and Indian tribes, to speak with a “forked tongue” means to deliberately say one thing and mean another, essentially meaning that a person was lying, deceptive and no longer considered worthy of trust. Well unfortunately, Phil Chronican is that person, just like the many who have preceded him and
Whistleblower Jeff Morris says commission has only “scratched the surface”. Unless the commission goes deeper, the public will withdraw from using banks altogether. $75 million for a year long commission is insignificant to billions banks make from dirty tricks.
On Day 64 of the Royal Commission part of the audio from an unknown man in the gallery was surprisingly deleted from the public video. In a different and a more complete version obtained, the man's words can be heard...
How banks steal your property -- explained quickly and simply.
There are 3 parts to the 'imbalance in power' issue that allows a bank to cripple consumers. Knowing them may stop you lending from banks altogether. To be forewarned is to be forearmed.
Is anybody really surprised that head banker NAB CEO Andrew Thorburn has been somewhat misleading and deceptive? Mr Thorburn having appeared at a recent Parliamentary Inquiry gave a commitment ...