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Westpac's $1,000,000,000 AUSTRAC Settlement?, page-245

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JCoure

33,814 Posts.

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27/07/23

07:46

Post #: 69003115
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Originally posted by CbrMaroon: ↑

@JCoure

Great posts by you both, middle stump, no referral to the third umpire.

The banking sector (lead by the four majors) is the self-proclaimed poster child for free market and less Govt when it suits them. Can recall just before the GFC, the then CEO's and respective Chairmen (notable one NAB executive Don Argus being the most vocal), were out there publicly lecturing the then Rudd Labor Govt as to the need for less Govt and to get out of the way of the big 4's oligopoly. Just several weeks later, they were down there in Canberra demanding the usual bail outs by the taxpayers, and so done by the then Rudd Govt. Fast forward to the pandemic, who was out in front demanding more taxpayer assistance to avoid falling over with a highly leveraged mortgage business and questionable banking precises, yes you guessed the big 4 banks.

As to the QAN shameful greed and incompetence bailed out to the tune of $2.7 Bn, at least it allowed some to wheel and deal in high value, luxury Sydney Harbour real estate.

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Great post CbrMaroon,

In terms of WBC, it is not a case of long live Peter King. Peter King has been CFO and CEO for far too long.

Through a money laundering scandal of epic proportions and a falling SP.

Something has gotta give.

WBC Price at posting: $22.09 Sentiment: Buy Disclosure: Not Held
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(20min delay)
Last $26.97		Change 0.000(0.00%)		Mkt cap ! $93.56B

Open	High	Low	Value	Volume
$26.89	$26.97	$26.73	$127.8M	4.762M

Buyers (Bids)

No.	Vol.	Price($)
2	14401	$26.96

Sellers (Offers)

Price($)	Vol.	No.
$26.98	48181	9

View Market Depth

No.	Vol.	Price($)
2	2074	26.910
1	19	26.890
1	744	26.850
1	19	26.830
1	1000	26.750

Price($)	Vol.	No.
26.980	30151	4
26.990	2611	2
27.000	50087	23
27.010	360	1
27.020	671	3

Last trade - 16.10pm 07/06/2024 (20 minute delay)


Last $26.92			Change 0.000 ( 0.05 %)
Open	High		Low	Volume
$26.87	$26.93		$26.73	2124250
Last updated 15.59pm 07/06/2024 ?

WBC (ASX) Chart