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Monday, June 30, 2014

Can or Can't or Won't?

Don't bank on it..
A transparent bank statement


There's something rotten in the state of the Commonwealth (Bank). Many investors who are out of pocket by not inconsiderable amounts of dosh are feeling the pain years after the GFC aftermath swallowed their savings, Commissions paid to so-called financial advisers encouraged the mob mentality that multiplied out of control and led to impossible promises and forecasts for investors.Greed and fear go hand in hand.
What is fairly obvious is the inherent inertia that is in-built in large corporations be they financial, construction or whatever. It would be nice but totally unrealistic to hope for complete transparency.




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