ouch!,-that huirst, page-8

Nah woodie,

I'm not a manager or employee of Bendigo Bank.
Never have been.
Don't even use them for my major business banking.

Nothing "selective" about my "statement from limited circulation local"

Are you implying it is inaccurate ?

It does "STACK UP" as it does NOT differ for the article you posted from the Australian,..... except for one very important detail which was ommited from the Australian artice.

The article in the local paper does point out that the money is COVERED BY INSURANCE.

I was merely trying to correct bodos very emotive and incorrect post about BENs provisions for bad debt.

And my good fellows, that is they key point in my previous post.

I repeat:

THE $29 MILL is covered by INSURANCE.

........................................
On other matters.


I don't know Mike Hurst from a bar of soap.
I have seen him at meetings, but have never spoken to him and probably would not recognise him in the street.
So he means nothing to me.

But you guys somehow blame him for EVERYTHING to do with your bad investment decisions, and indeed everyone elses.


The Gt Southern deals you both did was was before BEN was on the scene.
It involved a tie up between Gt Southern and the BANK of Adelaide under its then MD Jamie McPhee.
Nothing to do with BEN ..................or Hurst


SEPARATELY but similarly:
The Fincorp/Sandurst Trustees Bendigo Bank deal mentioned in this thread was done BEFORE Mike Hurst was a director or CEO.

Nothing to do with Hurst.

Also

At the time BEN merged with Adelaide Bank, and by default took over such clients as yourselves, Mike Hurst was NOT a BEN director or CEO.
I beliive it was a wrong decision by BEN to merge with Adelaide Bank, but Hurst is not to blame for that.

Hurst as MD/CEO "inherited" this merged structure, and with it the Adelaide Banks mess with Gt Southern.
He is now trying to get the best outcome for his shareholders...

WHICH IS HIS JOB.

Your vitriol towards Hurst is misplaced.

If you want to attack individuals, maybe you should be looking at the dudes who steered you into these schemes in the first place.