blumberg accuses anz of smearing him, page-5

Agree DMan

This team headed by Ben Steinburg are asset recovery insolvency specialists..they have only one focus

Get the money back ..No Matter What

The original lenders by this time were out of the picture and sidelined

Finders , minders , grinders and with banks , recovery

The problem ANZ face is the team that lent the money did so ,in the writers view, with the knowledge of Opes representations

"The Client Retained beneficial Ownership"

It is beyond comprehension that none of these executives had the guts to come forward and tell their Bosses that :

The Clients have been told that they retained "Beneficial ownership"

That failing has temporily cost the clients $600 to $900m

It will cost the Bank enormous amounts in settlement..

The wickedness and the recklessness of ANZ and Opes is simply breathtaking

I predict the Media are just scratching the surface on this ..and what we have seen to date is Damning for both ANZ and Opes