A dead horse ASIC is,

but let others do the flogging now.

Breathtaking but predictable:
Why Ralph Norris’ CBA rogue claim doesn’t wash
Date July 14, 2014 - 1:05PM Adele Ferguson Business columnist

CBA's culture allowed unethical financial planners to thrive.
Former CBA boss Norris blames scandal on 'rogues'

Former Commonwealth Bank chief executive Ralph Norris’ attempt to dismiss the bank’s financial planning scandal as nothing more than a few “rogue people” is public relations trick 101.
The scandal occurred when Norris was running CBA between 2005 and 2011.
Norris was there when whistleblower Jeff Morris contacted ASIC in October 2008 and then contacted the bank, including group security and Grahame Petersen on June 4, 2009, to inform it of misconduct and a cover-up.
He was there when ASIC launched an inquiry into the financial planning division in March 2010 and when ASIC wrote to the bank warning it about its compliance systems.

Read more: http://www.smh.com.au/business/comm...n8217t-wash-20140714-zt6ol.html#ixzz37PeB2Xxj Regards,