asic were notified of inflated pif assets 2011, page-2

Seamisty, this is the sort of stuff I propose to use for the commonwealth ombudsman (now has new powers – http://www.ombudsman.gov.au/) when I slowly get there with complaints against ASIC.

Anybody can complain and I suggest the more the merrier, if you have not done so already.

This just reads like all the colourful characters and the lack of ASIC action in the book “Pigs at the Trough” such as;

1. Testra – dialling up a loser,

2. ABC Learning Centres – How Australia’s richest man under 40 built a childcare empire on foundations of sand,

3. MFS – How the Gold Coast white shoe brigade got a second chance – and blew it,

4. Village Roadshow – How the Kirbys become their own leading men,

5. Toll and Asianco – For whom the cash tolls,

6. Allco – A fall from Grace,

7. Babock & Brown – How the house of cards of Australia’s financial engineers came crashing down,

8. Tibercorp and the Great Southern Plantations - Australia’s rural tax rort comes up a cropper,

Epilogue – More ASIC problems.