There was a great article writen by the SMH today suggesting ASIC should investigate the management of BNB.
This was one of the largest corporate failures this country has ever had. If this occured in the US, the past management would have been hauled infront of a senate committee and be made accountable.
What is ASIC doing???? Zippo.
These cowboys were carefree as it was other peoples money....and they all sold out, leaving mum and dad to take the loss....whilst telling the market that they are hugely profitable.
And today they are all still around, trying to do new deals..
What a JOKE.
Kiril
BNB
babcock & brown limited
