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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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BFCSA: Mike Smith ANZ Engineered Sub Prime and collects $7 million per year and loves engineering Low Docs

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Mike Smith ANZ Gloats of success!

Warning...  More Money Mike's "selfie" article will upset most Australian citizens and particularly ANZ victims of Liar Lending Policy

BFCSA (Inc)

20 Sep 2014 — Share our Petition re Bad Bank Behavior with everyone. How does white collar criminal activity at the top level of the Banking Cartel assist Australia? A 70 year old person who had retiree status and owned their home debt free, now about to become homeless and now has to stand in the queue at Centrelink because "I now qualify as poor and the age pension." How does that help our economy? Ask Mike Smith of ANZ who gloats about success and riches after coming from UK, is now ready to become a very wealthy $7 million per year citizen, and still heads ANZ and their toxic Liar Loan Low Docs.

Mike  loves Australia! His personal Road to Wealth story on page 2 of today's Australian Financial Review is all the reasons we have financially trashed lives in Australia caused by Banker Cartel pushing sub prime lending...rubber stamp approvals.

He says "My kids feel comfortable." Mike I suggest you read the front page of the AFR whereby RBA nervous and finally wanting to put reins on YOU and your MATES! You say "All that hard work!" In toxic lending?" Are you serious?   Your timing is appalling.  

Then again Mike still intends to keep his Home in France "its just somewhere we like to go in summer. No, we would not like to stay there all year as it would drive you nuts!"   Can all the ANZ victims who are homeless, now move into your mansions Mike?  

Are you not in the least bit sorry you have condemned so many elderly citizens to the homeless corner?  Will you be prepared to hand back the bonuses?

The RBA nervous about the states of the property market, read Page 1 of today's AFR:

ABA Munchenberg said NZ introduced controls last year and hit First Home Buyers."  DUH Steve!!!  In Australia, FHO's have been shut out for years!  At least NZ acted upon sub prime lending one year ago.  Our Bank Regulators are still thinking and thinking and thinking and saying to Mike and Mates: "keep going with sub prime chaps....................push the market even higher and do not worry about FHO's the government can support that generation for their entire life!"

Mr Christopher says: "Controls on mortgage lending (mostly toxic) were a logic and real possibility!"  Seems the PM is too busy with photo shoots and propaganda for war effort.  Hockey just says: "no problems in housing or property."  The Opposition have not said BOO.

Meanwhile More Money Mike Smith is making "more money in one year than 7 of us will see in a lifetime of REAL HARD WORK!"  He is one of the four engineers of this scandal.  We really do reward white collar crime and mortgage market engineering very well indeed.  This email address is being protected from spambots. You need JavaScript enabled to view it.

Someone please send Mikey our Petition and sentence him to seven days of reading everyone of the 2,041 stories of people suffering on this PETITION page! This email address is being protected from spambots. You need JavaScript enabled to view it." style="color: #378f98; text-decoration: underline; line-height: 19.9999980926514px; box-sizing: border-box; cursor: pointer; transition: color 0.2s; -webkit-transition: color 0.2s; background: 0px 0px;">This email address is being protected from spambots. You need JavaScript enabled to view it.

This is the link and thank you for support as this is sorely needed and long overdue

https://www.change.org/p/mr-david-murray-chairman-of-the-financial-system-inquiry-recommend-an-urgent-royal-commission-into-australian-banks-australian-non-banks-collapsed-companies-the-regulators-asic-apra-and-all-subsidiaries-and-joint-partners

 

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