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Bank Victims

Bank Victims

Australia’s bank inquiry sends shockwaves through global financial system

Australia’s banking royal commission could be the shot heard round the world in the global battle for nations to take back control of their financial systems from predatory speculators. There are signs the inquiry is starting to cause concern among the elite bankers of the City of London and Wall Street. Since the 2008 crash the banking cartel, despite being publicly reviled, has been able to maintain its corrupt political influence and block any meaningful government action to reform the financial system

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The banks, the Government and the half-trillion-dollar super grab

Just when they appeared on the cusp of victory, the major banks and AMP have had their ambitions to grab control of a lucrative section of the superannuation industry crushed. After just two fortnight-long public sessions, Commissioner Kenneth Hayne and his ruthlessly efficient senior counsel Rowena Orr have unearthed widespread corruption, lax regulatory oversight and even potential criminal behaviour at the most senior levels of our financial institutions.

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Who lied and who knew? The real criminals of the Banking Royal Commission are the politicians

The Royal Commission has uncovered many crimes by the banks and other financial institutions in just a couple of weeks but the key to getting long-lasting change is getting at the core problem and that is the politicians who are continually lying about what they knew and when. How can everyone else in country know for the past 10 years or more that the banks have major problems with corruption but the politicians didn’t?

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