Banking Bad High quality books
Banking Bad
By:Adele Ferguson
Published on 2019-08-05 by HarperCollins Australia
How corporate greed broke our trust and failed Australia. Against all the odds, Australia held a royal commission into the banking and financial services industries. Its revelations rocked the nation. Even defenders of the banks were blindsided. Few people were more instrumental in bringing about the commission than journalist Adele Ferguson. Through her exposes in print and on television, she pursued the truth about funds mismanagement, fraud, lack of probity, and the hard-sell culture that took over the finance industry after deregulation in the 1980s. But it wasn't just light-touch regulators and crooked bankers growing fat on bonuses she put under the spotlight. It was also their victims - men and women who had lost everything, and had no recourse when they discovered empty accounts, egregious fees, forged documents and broken promises. Now in Banking Bad, Ferguson tells the full story of the power imbalance, toxic culture and cover-ups. She describes the long fight for justice by whistleblowers, victims and political mavericks, and she looks at the outcomes of the royal commission - the falls from grace, the damaging hubris, the scathing assessment of the regulators, and the colossal compensation bill - an estimated $10 billion. Finally, she asks whereto from here? In May 2019, the Coalition government, which resisted calls for a royal commission, was re-elected. Bank stocks surged and lending regulations were loosened. Will it all be business as usual from now on, or have our financial executives learned that their wealth cannot come at the expense of ordinary Australians? This is a book for every person with a bank account.
This Book was ranked at 14 by Google Books for keyword Banking.
Book ID of Banking Bad's Books is a9WHDwAAQBAJ, Book which was written byAdele Fergusonhave ETAG "mxPONaA3wXk"
Book which was published by HarperCollins Australia since 2019-08-05 have ISBNs, ISBN 13 Code is 9781460711439 and ISBN 10 Code is 1460711432
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Book which have "416 Pages" is Printed at BOOK under CategoryBusiness and Economics
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