Hope you don't mind Selciper some mining of PIF's rich deposits...

Hope you don't mind Selciper some mining of PIF's rich deposits of History.
Just hum Casablanca tunes for better recollection.
(... you must remember this; a pif is just a pif….)
The indignation we all felt!

[ · selciper Re: Wellington Capital PIF/Octaviar (MFS) PIF
The chatter about the hand-picked Mr Medcraft will only result in ASIC officers wasting more time exchanging gossip at the water cooler.
There should be an immediate resignation to clear the air.
But we know that it will be business as usual with statements of "full confidence" from Treasurer Swan.
· 12th-November-2011, 10:35 PM
selciper
Re: Wellington Capital PIF/Octaviar (MFS) PIF
I don't get it. How do you know if you have selected the best person to fill a very senior job if the position isn't widely advertised?
Article from SMH 12 November. http://www.smh.com.au/national/asic-...111-1nbs2.html ]

And why was not there a concerted assault to have this appointment annulled
as not being in accordance with Public Policy and against Pubic Interest?

And more outside PIF:
http://www.abc.net.au/news/2011-11-11/asic-medcraft/3660106
http://www.smh.com.au/national/ques...asic-chiefs-previous-role-20111110-1n9nz.html
http://www.smh.com.au/national/watchdogs-link-to-us-bank-fiasco-20111110-1n9le.html
https://pickeringpost.com/story/asic-boss-under-fire/726
As you did broach the subject of some future Retribution to Guilty,
and Recompense to Victims; I sure hope these instincts are right.
My start would be with ASIC, as it is ASIC who destroyed PIF
in collusion with Wellington Capital:

“Wellington Capital confirmed to ASIC that it considers the amendments
to be within its power and in the best interests of the members of the PIF.
In these circumstances ASIC is not proposing to take further action
in relation to the specific issues raised in relation to the Placement and
Non-Renounceable Rights Issues.”
Chairman Greg Medcraft letter dated 22 August 2011

$ 3,000 still on offer. Any positive prognosis on Participation Intentions?

Regards,