Banking Royal Commission results

Discussion in 'Property Market Economics' started by Ronald86, 1st Feb, 2019.

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  1. TheSackedWiggle

    TheSackedWiggle Well-Known Member

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    A 80% loss in one asset can be smaller then 5% gain in other.
     
    TheSackedWiggle, 13th Feb, 2019
    #301
  2. kierank

    kierank Well-Known Member

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    Won’t happen.

    Who in their right mind would join a bank board or senior management with those punitive measures hanging above their heads. Many other companies out there to work for.

    If you think bank senior management get paid a lot now, watch their pay packages if such measures are actually introduced!!!
     
    kierank, 13th Feb, 2019
    #302
  3. gary176

    gary176 Well-Known Member

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    SO u r saying the only way banks can get good leaders or employees if they are no ethical? If they don't break rules then they don't have anything to fear...or am I missing something?
     
    gary176, 13th Feb, 2019
    #303
  4. The Y-man

    The Y-man Moderator Staff Member

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    The perceived threat of prosecution, presumption of guilt, threat of getting hit even if one of your minions went and did naughty things - not to be taken on lightly.

    The Y-man
     
    The Y-man, 13th Feb, 2019
    #304
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  5. gary176

    gary176 Well-Known Member

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    "Bankers found guilty of serious corporate crimes could be jailed for up to 15 years and shonky corporations may face fines of up to $525 million, under legislation proposed by Labor."
    I am sure in case of serious corporate crimes, we all want serious charges to be laid...some of the ridiculous actions went unpunished so far...
    Now I am not sure about your minions comment...but I am sure no one will go to jail for naughty things
     
    gary176, 13th Feb, 2019
    #305
  6. kierank

    kierank Well-Known Member

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    What **** are you smoking?

    Re-read my post!!!

    Have you read the Corporations Act?
     
    kierank, 13th Feb, 2019
    #306
  7. Harry30

    Harry30 Well-Known Member

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    05F7762F-30F0-4A2E-A1FC-E23F3C92ACDC.jpeg
     
    Harry30, 12th Mar, 2019
    #307
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  8. berten

    berten Well-Known Member

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    Sounds like good news for MB's.

    Does anyone know if Labor intends to keep on the same path as Frydenturd if and when they are elected?
     
    berten, 12th Mar, 2019
    #308
  9. Morgs

    Morgs Well-Known Member Business Member

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    Good news for everyone who wants to keep a fair and competitive market.

    No word from labor yet.
     
    Morgs, 12th Mar, 2019
    #309
  10. Kangabanga

    Kangabanga Well-Known Member

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    Labor slowly biding their time till after the election. Why rock the boat now when u can do it later? :)
     
    Kangabanga, 12th Mar, 2019
    #310
  11. Eric Wu

    Eric Wu Well-Known Member

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    let's see what Labor says in a few days.
     
    Eric Wu, 12th Mar, 2019
    #311
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