GLOBAL SUB-PRIME CRISIS

BANKILEAKS

Click on our Secret Library of Evidence ------>

    BANKILEAKS Secret Library

Loan Application Forms (LAF's)  

    Bank Emails to Brokers  

    Then Click on 'VIEW NOTEBOOK'

Join us on facebook
 

facebook3           facebook2 

BFCSA
MORTGAGE
DISTRESS SOS

What BFCSA Does...

BFCSA investigates fraud involving lenders, spruikers and financial planners worldwide.  Full Doc, Low Doc, No Doc loans, Lines of Credit and Buffer loans appear to be normal profit making financial products, however, these loans are set to implode within seven years.  For the past two decades, Ms Brailey, President of BFCSA (Inc), has been a tireless campaigner, championing the cause of older and low income people around the Globe who have fallen victim to banking and finance scams.  She has found that people of all ages are being targeted by Bankers offering faulty lending products. BFCSA warn that anyone who has signed up for one of these financial products, is in grave danger of losing their home.

Visitors

Articles View Hits
679221

Whistleblowers' Corner!

To all mortgage brokers, BDMs and loan approval officers! 
Pls Call Denise: 0401 642 344 

"Confidentiality is assured."

Cartoon Corner

Lighten your load today and "Laugh all the way to the bank!"

BFCSA Blog

Led by award-winning consumer advocate Denise Brailey, BFCSA (Inc) are a group of people who are concerned about the appalling growth of Loan Fraud around the world. BFCSA (Inc) is a not for profit organisation in the spirit of global community concern and justice.

Click on the Cluster Map.

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Login
    Login Login form
Subscribe to this list via RSS Blog posts tagged in Bankwest
The Australian Securities & Investment Commission ("ASIC") are virtually sitting on POWERS to protect the public.  They were given over $40 million to run cases in the public interest and that may have been an annual hand-out...............Whatever ASIC spent this money on it was NOT in the Public Interest but spent on continually replacing decent staff that desert the sinking ship "SS Corrupted ASIC" in large numbers.  Former staff are sick to the back teeth of Government's that do not respond to the obvious corruption of ASIC by Banksters.  ASIC is being paid $400 million a year to protect Banksters and in turn, neglect consumer complaints of losing homes and business.  I have no problem in naming CBA as one of the worst offenders according to my records. CBA are also bullyng customers into signing Privacy Statements to receive the Loan Applications Forms that they were legally entitled to receive as...
Last modified on
Recent Comments - Show all comments
  • doyla66
    doyla66 says #
    ASIC spent money earmarked for public cases on replenishing staffing levels ... and goodness knows what else. Where's the real acc
  • doyla66
    doyla66 says #
    Nab cannot produce the LAF's. "after extensively searching, neith hard copy nor electronic files could be located" Isn't that a
  • doyla66
    doyla66 says #
    I agree, NABbed Nanna. How did they establish the loan without paperwork? Is there no contract? No wet ink proof by NAB? Tell the
  • doyla66
    doyla66 says #
    Meanwhile, if you'd like to take a photo of the Mortgagee Sale noticeboard and send it to Steven Munchenberg at the ABA (via Twitt
Hits: 2859 4 Comments
Rate this blog entry:
Continue reading

Posted by on in BANKSTERS
Struggling to find Happiness? I've got your answer.  Found it yesterday in the carpark at Officeworks. Emblazoned along the side of an orange car: "Happiness is a Bankwest Home Loan.  Talk to your broker today". There.  You didn't know it was so easy did you? Who would have thought that a quick trip to Officeworks would have solved so many people's problems!...
Last modified on
Recent Comments - Show all comments
  • doyla66
    doyla66 says #
    It should say: " HAPPINESS IS SEING A BANKER JAILED. REPORT ONE TO YOUR POLICE FRAUD SQUAD TODAY "
  • doyla66
    doyla66 says #
    Artwork on bank facades? Jazz them up a bit?
  • doyla66
    doyla66 says #
    No...but happy to "load the shot"...!!!
  • doyla66
    doyla66 says #
    My idea of happiness is..instead of duck season we could have Bankster season! SICK OF ALL THE GLOOM LETS HAVE A DAY OF FUN.....CA
Hits: 1966 4 Comments
Rate this blog entry:
Continue reading
  10.58am: The first bits of news are escaping from the CommBank AGM, with chairman David Turner telling investors the demand for credit would remain subdued while the world sorted out the current economic mess. In Australia, Mr Turner said while he was optimistic about the medium-to-long-term outlook, the local economic climate remained uncertain.‘‘It’s difficult to see the catalyst for alleviating the uncertainty which will continue to affect consumer and corporate confidence,’’ Mr Turner told shareholders. ‘‘So, in the near term, we expect demand for credit to remain subdued and we will retain our conservative business settings.’’ Read more: http://www.smh.com.au/business/markets-live/markets-live-sandy-spoils-the-party-20121030-28gg4.html#ixzz2Am1Qm8HK   11.35am: More from the CBA AGM, chairman David Turner said it was unlikely there would be any significant improvements in macro-economic conditions in the coming year. There were no signs of a sustained recovery in the United States, and it was difficult to see how Europe could resolve its problems quickly, he said....
Last modified on
Tagged in: Bankwest CBA
Recent comment in this post - Show all comments
  • doyla66
    doyla66 says #
    21:50: AGM protester is bound for a prison camp in the Urals city of Perm, a location used to jail 'project magellan' prisoners in
Hits: 2399 1 Comment
Rate this blog entry:
Continue reading

Posted by on in Consumers Fight Back
Inquiry into THE POST – GFC BANKING SECTOR Submission 105 I note that many of the submissions already made to the inquiry deal with complaints about the behaviour and conduct of insolvency practitioners, and lawyers involved in enforcement action by secured creditors.  Some history of my involvement in insolvency and commercial litigation I have nearly 20 years experience dealing in the matters relevant to the terms of reference. Agtion became involved in the specialist consultancy discipline of a forensic analyst dealing in principally banking and insolvency matters as a result of it, and its associated companies being forced into so called “voluntary receivership” by a major bank in 1996.  The companies and I commenced litigation after the companies were released from receivership in 1999. The legal battle against the bank continued until it was resolved in 2007. I am experienced in litigation mainly due to my need to appear and represent...
Last modified on
Recent comment in this post - Show all comments
  • doyla66
    doyla66 says #
    I remember reading this one & still think it is probably one of the better submissions. History is outlined, the repetition of the
Hits: 2031 1 Comment
Rate this blog entry:
Continue reading
BY GUY GOLDRICK BANKWEST CLASS ACTION GROUP   02 Dec, 2011 04:00 AM   AN article in Queensland Country Life reported that Bankwest had called in receivers on the properties owned by Richmond Mayor John Wharton. He is not alone so much so that I have formed a class action group over of Bankwest's actions since they were bought out by CBA. The outcome is many hard working Australian families and businesses have lost everything because of the corporate greed of CBA and the need to be seen to be doing the right thing by the Government. I would put losses by these families and business at over half a billion dollars. We believe there have been backroom deals done between the Government and the CBA on this. The huge winners have been CBA and the receivers who feed off the carcasses of the Australian families and businesses that CBA/Bankwest has...
Last modified on
Recent Comments - Show all comments
  • doyla66
    doyla66 says #
    "Graham Samuel has said since that he felt "pressured" to sign off the acquisition." A big gaping question needs to be asked at t
  • doyla66
    doyla66 says #
    HBOS - Proof of Mortgage fraud based in England by brokers Neighbouring Halifax and Lloyds TSB branches outside Crossgates Shopp
  • doyla66
    doyla66 says #
    "Several members of Quayside's staff had criminal records for embezzlement". I wonder what we would find amongst the staff of our
  • Denise
    Denise says #
    I spoke with Guy this week. The situation regarding Bankwest and the sale of Bankwest to CBA has stirred up some very muddy water
  • doyla66
    doyla66 says #
    They definitely will make more progress working together and will make more impact on the media and the government if they do go t
Hits: 3619 5 Comments
Rate this blog entry:
Continue reading

Posted by on in BANKSTERS

Back in early 2008, the Australian economy was going well. With the property market booming many businesses took out loans from Bankwest, a small but aggressive lender based in Perth.

Then came the GFC. With its parent company in Britain facing dire financial problems, Bankwest customers began withdrawing money from their savings accounts. The Reserve Bank was worried and the Commonwealth Bank saw an opportunity. Moving fast the Commonwealth took over Bankwest for the bargain basement price of $2.1 billion.

From everyone's point of view, including Australia's central bank, it looked like a good deal. But what happened next shocked customers.

Last modified on
Recent comment in this post - Show all comments
  • doyla66
    doyla66 says #
    That was a powerful program. I can't help but think that just showing the stories, like the eviction scenes on prime time TV, with
Hits: 2077 1 Comment
Rate this blog entry:
Continue reading