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BFCSA: RECESSION on the way due to Ponzi Financing and Ponzi Property...
Negative gearing and the recession we have to have by Michael Janda 15 March 2016 http://www.abc.net.au/news/2016-03-14/janda-the-recession-we-have-to-have/7245490 It's possible that Labor's...
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BFCSA: CBA grabs the lion's share of broker channel. More Low Docs????? Buyer...
CBA takes giant slice of broker business 16 March 2016 http://www.theadviser.com.au/breaking-news/34078-cba-takes-giant-slice-of-broker-business The Commonwealth Bank has regained a significant...
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BFCSA: Property Spruikers Jamie and Dennis McIntyre (21st Century) face more...
Property spruiker faces further action from Fed Court March 18 2016 http://www.theadviser.com.au/breaking-news/34095-property-spruiker-faces-further-action-from-fed-court Liquidators have been...
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BFCSA: ASIC confused for a decade and in snail SLOW MO mode. Same excuses as...
The corporate regulator has used a Federal Court action to warn spruikers not to cross the line that separates real estate from financial services. ASIC has started proceedings in the Federal Court of...
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BFCSA: What is happening to this country? from "Grandma...." a BFCSA Member
My story started with the purchase of my home .I had just sold my previous home (which i owned out right.) I went and saw a broker to see if i was eligible for a home loan. I was unemployed and...
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BFCSA: Goldman Sachs and the Greek politicians sold out the Greek people....
Goldman disguised a $793 million loan as a derivative transaction?? Now the bill for the Greek government from Goldman is $6.8 billion?? Evolving Global Financial Crisis. Selling “Foreclosed Homes”...
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BFCSA: Wall Street financiers are back in Australia Offering US mortgage...
Telling....new round of US foreclosures coming up.... Wall Street financiers are back in Australia Offering US mortgage pools again 14 March 2016 Michael West...
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BFCSA: ASX chief Elmer Funke Kupper quits in face of criminal investigation
ASX chief Elmer Funke Kupper quits in face of investigation March 21, 2016 - 7:48PM Nick McKenzie, Richard Baker, Michael Bachelard and Dan Quinlan...
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BFCSA: Constitutional challenges for Australian election 2nd July. Bob Day...
Malcolm Turnbull’s push for double dissolution faces challenge in Senate and Court Crossbenchers, Greens and Labor ponder political and constitutional moves to counter prime minister’s risky strategy...
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BFCSA: ANZ fined regarding overdraft breaches
ANZ fined for overdrafts breach 7 March 2016 Michael Roddan http://www.businessspectator.com.au/news/2016/3/7/industries/anz-fined-overdrafts-breach ANZ has paid a fine of more than $200,000 after the...
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BFCSA: Today's lesson is: how ASIC has failed on transparency and disclosure.
Six of the best for ASIC An oldie from the archives and a little dig at ASIC again because they're worth it. February 15 2012 Michael West...
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BFCSA: Comminsure Scandal: ASIC chairman Greg Medcraft says investigation...
You've got more than just a few bad apples and you've got to think about the tree itself says Medcraft.??? CommInsure scandal: ASIC chairman Greg Medcraft says investigation ramping up Peter Ryan...
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BFCSA: Bank of New York Mellon May Face Suit over $1.12B Loss in RMBS Trusts
On it goes....... BNY Mellon May Face Suit over $1.12B Loss in RMBS Trusts March 04, 2016 http://www.nasdaq.com/article/bny-mellon-may-face-suit-over-112b-loss-in-rmbs-trusts-cm588532 Legal headwinds...
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BFCSA: American Feds may toss out forced arbitration clauses
Here too??? Feds may toss out forced arbitration clauses 6 March 2016 http://www.detroitnews.com/story/business/personal-finance/2016/03/06/feds-may-toss-forced-arbitration-clauses/81415152/ If...
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BFCSA: UK Repossessions much worse now than 2008
Here is a UK article with some horrifying stats....... Politicians and regulators all need to be punished AFTER the stolen loot is handed back...... 100 families a day lose their homes as...
View ArticleA CROOKED BROKER- PLEADS GUILTY TO FRAUD
Former broker pleads guilty to loan fraud Huntley Mitchell March 22, 2016 A former Sydney broker has pleaded guilty to three charges of loan fraud which resulted in her receiving more...
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BFCSA: ASIC boss backs Funke Kupper in face of bribery scandal
ASIC boss backs Funke Kupper in face of bribery scandal AM By AM business editor Peter Ryan Posted Tue 22 Mar 2016, 8:31am The chairman of Australia's corporate regulator has taken the unusual step of...
View ArticleTimbercorp hardship scheme on verge of collapse as advocate threatens to quit
Timbercorp hardship scheme on verge of collapse as advocate threatens to quit 24 March 2016 Adele Ferguson and Ruth Williams...
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Come on be brave: Submission to Senate Inquiry: Penalties for White Collar Crime
Be brave all BFCSA members and write your impact statement help Denise to help you we must all stick together if you want compensation for the loss of your home, I know I do, I sent in my statement...
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BFCSA: The Wolves of Tel Aviv: Forex, SEO and Binary Scams.... Israeli...
A TIMES OF ISRAEL INVESTIGATION / Regulators may soon finally ban some companies, but that will only affect those that target Israeli customers; the rest of the world will still be fair game The wolves...
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