ALMOST a decade after the collapse of Townsville-based wealth adviser Storm Financial thousands of investors who lost their life savings in the sharemarket meltdown are getting on with life as best they can.
THE thousands of victims of Townsville’s Storm Financial collapse “to a man” want a royal commission into the misconduct of banks, chairman of the Storm Investors Consumers Action Group Mark Weir said yesterday.
In his book “I ACCUSE’ Frank Ainslie has described how Storm Financial and certain banks conspired together to exploit their clients by adopting a policy of reckless overleveraging and imprudent lending.
It's Time for Australia to call for a Change and Restore in the 21st Century the ultimate Power to the People, Australians need to demand the reinforcement of the powers of a Plebiscite with Real Teeth that "Must be Acted Upon" by the true Heads of State either the Governor General or a State Governor.
Aussie Politics seems to be infested with former bankers and those closely associated with the Banks, even at the very top Treasure Joe Hockey is married to a Top Gun at Deutsche Bank and Foreign Affairs Minister Julie Bishops little brother acting as legal council for the Commonwealth Bank..!!