BFCSA Blog

When a CBA employee fills out a LAF with false information and can't even spell your name correctly why do FOS refuse to investigate because he wrote falsely on an internal document it was an "investment loan". Asset rich income poor "come into my web" said the spider to the fly. Why do these crimes continue to go unpunished? Please can we have an independent regulatory body.  Ed: We have seen over 2000 of these and THEY ARE STILL BEING SOLD! Bankers should be locked in STOCKS in Martin Place - 200 years ago the colonialists used tomatoes and a good floggin' to thieves If you stole a horse you were introduced to capital punishment These bankers are stealing homes: 600,000 to date. How much longer until Parliamentarians as Representatives of the People wake up and demand in one chorus: ROYAL COMMISSION INTO BANKS  ...

How can the government have an independent investigation into the fraud and corruption of the CBA when Julie Bishop's brother is one of their lawyers. THIS IS WHERE ALL THE LOOT HAS GONE: Commonwealth Bank profit rises 2pc; CBA makes $4.6 billion in the last six months By business reporters Michael Janda and Stephen Letts Updated 10 Feb 2016, 8:37am PHOTO: The Commonwealth Bank announced a modest rise in its net profit. (AAP) MAP: Australia The Commonwealth Bank, Australia's biggest lender, made $4.6 billion in the last six months — an increase on the same time last year. Key points Net profit up 2 per cent to $4.62 billion Dividend remains steady on prior corresponding period at $1.98 CBA shares rise on the results while other major banks fall While revenue was down 4 per cent, operating income was up 6 per cent to $12.36 billion, the bank announced on Wednesday. Half-year profit ended up totalling $4.62 billion,...

Adelaide/Bendigo bank approved a lo doc loan in 2011 to construct a house that they were clearly aware we could not afford based on the evidence in front of them they choose to ignore. The Australian public deserves a royal commission into the banks and corrupt ASIC and FOS be replaced by an independent body. Ed: This site is a chance for victims of TOXIC LOW DOC INTEREST ONLY MORTGAGE LOANS/ Most people were not aware that these were INTEREST ONLY Mortgages:  They were simply told these are Low Doc Mortgages for 30 years The words INTEREST ONLY was never mentioned. No one mention was made that these loans CAN NEVER EVER BE PAID OFF! They were not told the LOANS WILL IMPLODE within less than five years and you will lose your homes. BANKERS NEED TO BE JAILED. This email address is being protected from spambots. You need JavaScript enabled to view it.    ...

http://kangaroocourtofaustralia.com/2015/04/23/ian-narev-ceo-commonwealth-bank-shows-his-contempt-for-the-australian-senate-and-his-customers/