Borrowed this...ANZ chairman ,Charles Goode is reportedly set to...

Borrowed this...ANZ chairman ,Charles Goode is reportedly set to step down.His departure may be the first step on a very long road towards ANZ gaining some measure of corporate trust, if there is any truth in the allegation that when told of the plight of the Opes prime victims and forced disposal of their holdings his comments were "Stuff Them",.

If this allegation is true ,then it is an exposition of the corporate mindset on the ANZ board . ,probably time for a complete spill of directors and appoint persons with a sense of ethics and corporate morality

Hopefully a decision would be made to give some satisfactory closure to this weeping, festering sore that is doomed to be ommnipresent each and every time ANZ is mentioned in the media

How any responsible board member could believe this matter will submerge beneath the public conciousness,the effuvium
of the twenty seventh of march and and the decision making process prior will go down in legal texts as one of the more notorious acts of corporate malfeasance.

I would leave it to others to judge as to how many of the Opes clients will accept the status quo and write of the loss of their portfolio in the belief that they have ripped of by a corporate thug and that the corporate policeman and his fellow traveller ,the regulator will look the other way in these challenging times,to maintain the illusion of strength and stability of one of the four pillars.

Unfortunatly two persons found the stress to be to traumatic and it has not been seared into public conciousness by the media withholding the true facts.


There may come a time in the future however, when anger and frustrations reach such a level unwise actions will prevail,only then will the Opes matters move from the financial pages to the front pages.