WBC 0.66% $31.81 westpac banking corporation

It was the money laundering scandal that cost them the $40...

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    It was the money laundering scandal that cost them the $40 billion.

    $26.01 AUD is so far away from $39, the $40 billion could never be salvaged.

    Westpac has been basically destroyed by the money laundering scandal.

    Peter King is the Jeffrey Skilling of Australian Corporate Executives.

    AUSTRAC a should have taken away the sholder pain at the time and perhaps should take it away now.

    What on earth will happen to the $90 billion of value? If AUstralia did not have the Four Pillars Policy, money laundering would have destroyed Westpac long ago.
 
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