Hi Menta and all,
Following on from my last post one wonders if our banks continue with this type of behaviour should our government be guaranteeing banks deposit. I think the banks should take out a large insurance policy to cover their depositor’s particularly as they have a $178,000.00 deposit stolen from their customers for dodgy financial advice.
“Macquarie Bank accused of manipulating stock prices, 'cowboy' behaviour”
http://www.abc.net.au/news/2018-02-...ed-of-pump-and-dump,-cowboy-behaviour/9474696
“What sparked problems with the banks?”
“It's a long story, but Australia's banks have been plagued with one scandal after another over the past decade”
“The corporate watchdog ASIC also found the major banks have been slugging their customers $178 million in financial advice which was never provided.”
http://www.abc.net.au/news/2017-11-30/banking-royal-commission-how-did-we-get-here/9210248
Cheers and very best regards: Andy
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