Archive for the ‘Banking’ Category

The CBA & the Royal Commission the LNP tried to stop

Written by Max Gross

“Corruption is worse than prostitution. The latter might endanger the morals of an individual, the former invariably endangers the morals of the entire country” – Karl Kraus (April 28, 1874 – June 12, 1936)

“While they promise them liberty, they themselves are the servants of corruption: for of whom a man is overcome, of the same is he brought in bondage” – The Bible

“We have the best government that money can buy” – Mark Twain (November 30, 1835 – April 21, 1910)

Last year the scandal-riddled Commonwealth Bank of Australia (CBA) was charged with 53,700 breaches of money laundering and counter-terrorism-financing laws worth “around $624.7m”,  according to the Australian Transaction Reports and Analysis Centre (Austrac), the financial intelligence agency. (more…)

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