Bodo,
We've been through the arguement before about who is responsible for the failure of the MIS's.
As I stated previously, it is certainally not the responsibility or ANY lending institution (in this case ADELAIDE BANK at the time the loans were made),to assess the wisdom or otherwise of what clients do with the funds they borrow.
Given the very size and nature of the total Australian banking business, every single day one or more of the banks would be in dispute with clients.
None of the banks give progress reports on these matters, as it is part and parcel of the normal day to day activity of banks doing business.
So, as far as you suggesting BEN should be different and give a "running commentary" on its activities:
Why should it ?
interesting, page-2
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