Whats so outrageous about all of this? the stock market, property businesses, developers, lawyers at the high end of town and even the courts are vulnerable.
How does all of this matter? ASIC can do nothing but play with their collective selves and issue pious platitudes.
Queensland is perhaps the best state where you get the best lawyers and regulators money can buy. What on earth can anyone do about all of this? I would recommend that the opportunity to rip apart investors in this environment which Howard created, nurtured by lawyers and state governments under the watchful eyes of a sleepy and ignorant Kevin Rudd is ripe for anyone who wants to indulge in the practice. No one is watching the store. Go for it.
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