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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.

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Joe Hockey gives financial system inquiry international flavour Georgia Wilkins March 24, 2014  The Australian    Treasurer Joe Hockey has been accused of drawing too heavily on the advice of investment bankers and hedge fund managers to guide the government's financial system inquiry. The Treasurer appointed four business people to head the inquiry's international advisory panel, including former Goldman Sachs investment banker Sir Michael Hintze and JP Morgan investment banker Jennifer Nason. Sir Michael is the founder of $12 billion London-based hedge fund CQS and is a prominent philanthropist and donor to the Conservative Party in the UK. Also on the advisory panel is former Westpac chief executive and Treasury deputy secretary David Morgan, who is currently head of private equity group JC Flowers in Europe and Asia, and former central banker Andrew Sheng, head of the Hong Kong think tank Fung Global Institute. Mr Hockey said the panel would advise the...
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  • doyla66
    doyla66 says #
    Well what a big surprise - Joe has turned out to be a big turncoat after all and has opted to hedge his bets!
  • doyla66
    doyla66 says #
    I agree, Walt. Lots of people placed their trust in Joe's Banking and Finance Industry Inquiry, which was supposed to be like the
  • doyla66
    doyla66 says #
    If it is going to be a half cocked cover up, you all know how it goes "nothing to see here" then save us all the pain suffering an
  • doyla66
    doyla66 says #
    Makes you wonder if the government is trying to clean up the banking industry doesn't it. Some of the very people who caused this
  • doyla66
    doyla66 says #
    EXACTLY. How can we consumers and citizens of Australia have any confidence in our Leaders.. we are just like lemmings heading for
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