BEN 1.18% $12.02 bendigo and adelaide bank limited

accounting for gtp debts, page-3

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    My only explanation/ supposition is that BEN does not see the money as being in doubt, and expect to win in the courts.

    Re your earlier post on "Mum & Dad " investors.
    They have the same financial resposibility as any other borrower, so on this, I don't quite see your point.

    The main attraction to the MIS's in the first place was their tax benefits, which mainly appealed to high income/ high net high worth individuals.
    Therefore these people probably do make up the bulk of the investors in the schemes.

 
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