anz and regulators

Opes Prime is in the paper again at:

http://www.theaustralian.news.com.au/story/0,25197,23808350-643,00.html

If the ASX had any interest in being a regulator, rather than just imitating one, it would pursue ANZ to the full extent of the Law for non-disclosure (and Lord knows what else that might emerge if some pressure was applied) and use the opportunity to provide and example to all other devious parasites.

To ignore the absolute arrogance ANZ has shown for the rights of innocent parties, let alone the Law, is to invite a repeat of the whole sorry saga.

For the record, I would never borrow money to buy shares and have suffered no direct loss from the collapse of Opes Prime and the subsequent actions of ANZ.