On todays news,the anticipation by some investors that it would all would work out at the very least that you would get your money back,on the face of it won't happen.
So a judge reckons,that the banks get first dibs to the coin in Timbercorp?,I say to the decision ,stick it up where it does not see daylight,its argumentive,and that is where adviser groups and individual including wooduk need to first let it be known to all and sundry that this is unacceptable financially,business investment wise and politically.
This sobering admission that this country will lay down and accept the legality of banks and company managers to swindle and thieve mums and dads money,and government cry crocodile tears that the senate inquiry and or go tell somebody who cares I.E. a lawyer or your local clergy member is nothing short of hypocrisy and deceitful.
In this whole debacle what is clearly needed now,apart from rule 303,is that ALL investors in TIMBERCORP and GTP need to form as one unit collectively and take this on.If I am not getting any genuine return and the government and other pollys say -but you got a tax deduction!,--I say that is not what we want nor intended to go in,considering that the ATO gave its blessing to me seemed it was legit investment.After all in business today do not you get a 50% rebate on new plant and equipment?,If you by a a new house prior to October1 09 for a home you gat a housing grant,by the way doesn't even pay the stamp duty.
Wooduk needs to bang a few heads together and like minded peole do the same ,and if we need to go QC hunting this time,let us do together and make it very bad for the current government and other sellout merchants.
I am also wondering what happened to the Roche deal in Timbercorp?,any news?
On todays news,the anticipation by some investors that it would...
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