WBC westpac banking corporation

Westpac's $1,000,000,000 AUSTRAC Settlement?, page-948

  1. 41,151 Posts.
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    It is like reading about what went on at a money launderers' convention?

    The Westpac of today is like a water faucet of views on how important is money laundering to the Australian economy.

    Westpac is so important. It is much too big to fail, just loses its equity holders $40 billion AUD due to money laundering and noone thinks it is fair to let Westpac to fail.

    Someone on the Westpac forum said it might go up tomorrow which would be pretty cute as the ASX does not trade on an Australian Saturday.

    The one day when it is predicted that Westpac will have its SP go up is a Saturday and the ASX is closed. Shucks.
 
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