http://business.theage.com.au/catch22-for-opes-prime-clients/2008...

  1. 165 Posts.
    http://business.theage.com.au/catch22-for-opes-prime-clients/20080420-27e1.html

    "The catch-22 for Opes Prime clients arises because the bank's secured charge over Opes Prime assets allows ANZ to use the surplus funds from the sale of the assets to pay the bank's legal costs while its receivership is in place."

    So not only do they steel our shares and then dump them on the sharemarket they then use the surplus funds to defend their actions in court.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.