opes demise exposes regulators, page-10

Id be going after SF administrator/trustees who allow SF owned stock to be lent. Breach of fiduciary duty. Do not pass go, pay $200, go directly to jail.

Just quietly, you think Opes is bad? All wailing and gnashing of teeth? You havent seen anything yet. Wait till APRA finally acts and reads the riot act to negligent SF trustees. They will get a form letter out sooner or later, probably when the coffee machine breaks down and they get a call from parliament house. Thats what sets the pulses running in the upper echelons of the PS. Avoid criticism at all costs. But I reckon this mob in power just now havent got a clue whats happening. Wayne Swan? No economics qualifications? No nothing? Give me a break. These guys wouldnt know if their freckle was on fire.