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MAJOR AUSTRALIAN BANKS 25 BILLION DOLLARS PROFIT IS DESPICABLE

Posted by on in Bankers A Law Unto Themselves
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500500

$1,000??

 $25,000,000,000 is the amount of PROFIT the big four (4) banks made recently which broken down is approximately $1,000 per person living in Australia.

The banks and the culture within have so much power the human factor is forbidden in their business model. 

From the CEO down to the Hardship Department.

BUT!

Looks like we have support, others in the banking/finance sector are not happy the big 4 wielding too much power.

 

   All is needed now is a Whistle-blower from within as a catalyst to set the ball rolling to make a ROYAL COMMISSION a no brainer!

 

    

Just a worn out and angry victim, from a banks "kick him while he is down" attitude.

Even boxers in a Boxing ring have more respect to their victims. 

 

(Australia does not have a $1,000 note so had to  use 2 x $500)

 

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  • doyla66
    doyla66 Thursday, 08 August 2013

    The Royal Commission is already a no brainer

    Well said Mort I think we all agree the disgusting profits our BIG 4 BANKS make and the total disregard they treat us common folk with is a NATIONAL DISGRACE. We have a major problem in this country but and that is our extremely ''WEAK'' POLITICICAL LEADERS they all want to take the easy way out of everything, they will not take the tough issues head on and most of all they will not pull their rich "MATES" into line. Great to see another lending institution have enough ball to stand up to the big boys and when it is finally bought out into the open what our "BANKING AND FINANCE INDUSTRY" have been up to i would love to see far more community based full service, not totally profit driven lending institutions return. The only way LARGE PROFIT DRIVEN LENDING INSTITUTIONS will survive post ROYAL COMMISSION is to come clean now of their own violition repay the people they have wronged to get some credibility back and vow to the public never to follow the BROKER MODEL again. I know this might sound pie in the sky but for one minute reflect how this will affect the next generation in their persuit to borrow. Would you go to a BANK after they get dragged kicking and screaming through a Royal Commission and finally all the dirty laundry is hung out for all to see. CERTAINLY NOT ME, the Banks think at the moment this will blow over and the 10,000 / 20,000 or HALF A MILLION Aussies they have destroyed the lives of in their persuit of "SHAREHOLDER PROFITS" (OH and just by the way next time you get your share holder dividend just ask your BANK are you one of the DIRTY BASTARD BANKS ripping off other decent AUSSIES) will just fade away to live out their GOLDEN YEARS in total poverty. Well I feel sure that TEN OR TWENTY years ago if you told any AUSSIE by 2016 you will not be able to buy a COMMODORE or a FALCON in AUSTRALIA because they wont make them any more THEY WOULD HAVE LAUGHED IN YOUR FACE. Well get used to it BANKS because GEN X and Y "DO NOT TOLERATE FOOLS and a fully informed GEN Z will tolerate you LESS. GOODBYE TO BAD BANKING YOUR DAYS NUMBERED COME CLEAN OR YOU WILL BE THE DINOSAUR OF THE MODERN ERA. Gone forever but certainly very hard to forget.

  • doyla66
    doyla66 Thursday, 08 August 2013

    I went to the People's Choice Credit Union Face Book site and was disappointed to read so many of their customers complaints :(

  • doyla66
    doyla66 Thursday, 08 August 2013

    I had a look on Facebook as well, there is a few complaints, so had the other banks. I did note someone from PCCU is responding to them so that's a plus.

    MoRt

  • doyla66
    doyla66 Friday, 09 August 2013

    Mort, until i looked up FB, i didn't realise that PCCU was already operating and has been for quite some time. I initially was under the impression that it was a new People's Credit Union coming in the future.

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