I've been racking my brain as to how ASIC, ANZ, ML and FH managed to come to the conclusion that they have done this particularly cleverly.
ASIC and ANZ, in particular, are in a tenuous position.
ASIC can say that it is not in the public interest to proceed against ANZ in case the vote fails but they are setting a terrible precedent here.
ANZ would be sweating on the vote passing, and what lies ahead. IMO "Global" has become synonymous with ANZ at least offering more money prior to the vote being cast. This would be clever.
Tabloid investigative journalists may put some sort of spin on this but their own agenda and resultant inaccuracies would be frustrating for us. The masses would glaze over, I'm afraid.
This subject is the domain of Lateline Business and the AFR because that is the readership that worry about the alleged crimes perpetrated against Opes clients by banks, and don't want to find themselves in the same situation.
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