KIA knights insolvency administration limited

22 million loss, page-23

  1. 7,989 Posts.
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    re: hey mookie Goblim
    The problem for KIA now is they hve no credibilty in the market place......... & ANY finacial institution of any type runs on its credibility.

    Example
    The big four banks could not survive without consumer/customer confidence.
    In reality not one or them could cope if there was a large run on their funds with customers withdrawing their funds.

    So the situation KIA finds itself in is made even worse by this reality.

    Maybe someone can sort it out & maybe you know someone, or somehow that could happen & if it does, the rewards for "the brave" will be excellent

    But Goblin the risk !!!

    Cheers

    Bendigo

 
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