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Banking Bad: Whistleblowers. Corporate cover-ups. One journalist's fightfor the truth.

Banking Bad: Whistleblowers. Corporate cover-ups. One journalist's fightfor the truth. (Trade Paperback / Paperback)

By Ferguson, Adele

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The shocking truth about Australia's financial institutions, as told by the journalist who did most to bring about Australia's banking royal commission. Against all the odds Australia ended up with a banking royal commission. Since hearings began in 2018, revelations about bankin...g and insurance company practices have rocked the nation. Even defenders of the banks have been blindsided. In Banking Bad, Adele Ferguson traces the origins of the banking scandal to the early 1990s, when buckets of money began pouring into compulsory superannuation funds, set up by Labor Treasurer Paul Keating. Attracted by the increasing cash, banks devised corrupt and questionable practices to get their hands on funds, along with aggressive selling practices that ignored due diligence, trust and honesty. Drawing on her multiple sources who led her to break the story of malpractice - the individuals, business owners, farmers and ordinary people who lost everything - Adele also looks at the falls from grace at the hands of the royal commission of some of the country's most highly ranked captains of industry, the failure of regulators and recommendations of the commissioner, Kenneth Hayne. And she asks whereto from here? This is a book every person with a bank account should read and learn from.
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ISBN 9780733340116
Published AU 5 Aug 2019
Publisher ABC Books
Format Trade Paperback/Paperback
203 In stock at publisher; ships 6-12 working days

Full details for this title

ISBN-13 9780733340116
Stock Available
Status In stock at publisher; ships 6-12 working days
Publisher ABC Books
Imprint ABC Books
Published 5 Aug 2019
Publication Country Australia Australia
Format Trade Paperback/Paperback
Author(s) By Ferguson, Adele
Category Credit & Credit Institutions
Personal Finance
Number of Pages Not specified
Dimensions Width: 154mm
Height: 235mm
Spine: 30mm
Dewey Code Not specified
Weight 565g
Interest Age General Audience
Reading Age General Audience
NBS Text Money & Consumer Issues
ONIX Text General/trade