secret banking business bombshell

Hi All,

I know a number of you already read Money Morning and i also know some of you take what they these guys say with a grain of salt but what they uncovered recently in regards to certain banks is, to say the least, a real bombshell. It turns the rules regarding disclosure of ASX listed companies into a total joke.
This is a fairly lengthy read and to follow it properly you will need to read these in descending order but I think you will be as shocked as I was when i read the information.
As I actually held shares in one of the banks mention at the time of these events I am now writing to ASIC ( and for the sake of all shareholders in any ASX listed company I would also encourage you all to write in for clarification of what the ASX considers a breach of said disclosure rules based on the information contained within these articles ).

http://www.moneymorning.com.au/20101203/nab-and-westpacs-secret-bailout-revealed.html

http://www.moneymorning.com.au/20101206/more-on-the-aussie-banking-bailouts.html

http://www.moneymorning.com.au/20101207/secret-banking-business.html

http://www.moneymorning.com.au/20101208/popping-the-central-bank-bubble.html

http://www.moneymorning.com.au/20101210/the-aussie-banking-wall-of-silence.html

http://www.moneymorning.com.au/20101214/a-matter-of-principle.html

http://www.moneymorning.com.au/20101217/nab-execs-admit-bank-was-in-trouble.html

http://www.moneymorning.com.au/20110106/rba-gets-mushroom-treatment.html#more-4507