Image may be NSFW.
Clik here to view.
Clik here to view.
150 years ago NED KELLY was accused of robbing banks yet BANKERS have been the PRIME ROBBERS for years with no corporate policing taking place.
Yes Des, Non Bank Lenders are included in the coming Royal Commission. Bill Shorten has included all lending with a wide terms of reference. Hence the need to VOTE 1 LABOR.
PERPETUALS, PERMANENT TRUSTEES, PERPETS VICTORIAN TRUSTEES and AUSTRALIAN EXECUTIVE TRUSTEES played a major grubby part in the Financial Mortgage Scandals that have rocked this nation. Major ban Engineers and their Trustee mongrels spawned and massive NON BANK SCANDAL 1996 - 2006, then the game changed again.
Trustees were also Major Players in this Banking scandals
The BIG FOUR Trustees were the prime movers of the mortgage scandal, engineered initially by the Big Four CEO's of the Banking Cartel..
The Major Lenders HID BEHIND THE TRUSTEES and then did away with that Model and Johnnie Symonds was there in the midst of it all in late 1990's. he will say he never approved loans. OK he can tell the Royal Commissioners that! RAMS (Kinghorn) followed suit in 2003. By 2007 he had won Money Awards for top lender @ 45% of all loans. PEPPERS cleaned up all the smaller non-bank players including Jamie Packer selling his loan book called Challenger to Advantedge and through to Peppers.
My personal investigations started in Tassie amid the Solicitor Mortgage Scandals that rocked the apple isle in 1999 when I and Arnold and Tibby Sierink marched through the streets of Hobart with 100 or more people in tow, clattering pots and pans, all the way to the Tassie Law Society's offices and that of ASIC.
Four lawyers went to Jail. Now its the Bankers turn.
Make no mistake here, the NON BANK Lenders will be scrutinized because all of their loans were TOXIC and we have gathered the evidence of these scams since 1996 with La Trobe, Liberty, Legacy and Seiza and Columbus Capital.
Our banking scandal is a gargantuan quagmire of toxic lending on a seismic scale…………………colossal fraud and the biggest in Australia’s History.
The media focus on Bad to the Bone Bankers right now is all about major scandals on all fronts, due to deregulation and compounded into regulatory neglect. The scope of criminal neglect is breathtaking.
ASIC asked FOS and the CIO to handle all consumer complaints and PROTECT the Banks and NOT CONSUMERS!
The two appointed ROYAL COMMISSIONERS will have their hands full and everyone should have a chance to to take part in some form or other.
In this age of IT brilliance - full and complete exposure is doable.
VOTE 1 LABOR - only one choice and one chance for Justice.
Denise BraileyBFCSA Banking & Finance Consumers Support Association