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
770369

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!"

Denise Brailey

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

BFCSA: Please sign Petition - No Bank CEO Bonuses - cannot profit from crime

Posted by on in ROYAL COMMISSION URGENT
  • Font size: Larger Smaller
  • Hits: 650
  • 0 Comments
  • Print

 

https://www.change.org/p/andrew-thorburn-no-bank-ceo-bonuses-5cf09507-0e28-427f-81e4-b482e2b0cf9c

I’ve been lobbying hard for 18 years to make the Banking Royal Commission a reality. This year, it finally happened and like many hardworking Australians, it has left me in a state of shock and anger. What these banks have gotten away with is unethical and at times criminal.

So why is it that the bank CEOs are getting massive, multi-million dollar bonuses? Some of their contracts and exit fees can amount to up to $150 million for five years work.


NAB CEO Andrew Thorburn will this year pocket $4.375 million after bonuses. What’s worse, NAB claims this is punishment as he will earn $2 million less this year. The banks’ shareholders are up in arms and have been protesting by voting against the banks' remuneration reports.


I think we need to send a bigger message to the banks. Those of us who don’t have a vote on the big banks AGM floors need to be heard too - we’re the ones who have been screwed over by the banks’ dodgy behaviour.   


We’re the ones who have been charged for services we never received. We’re the ones who lost our houses thanks to unrealistic loans. We’re the ones who learned that our departed family members had been charged fees for over a decade.

To see these banks rolling out bonuses and offensive salary packages for CEOs and executives is a slap in the face for every Australian who has been affected by the big banks' dodgy behaviour.


Can you please sign my petition, and send a message to the big banks CEOs: No bonuses for you, until you fix the mess you made, compensate your victims, and earn back our trust.

Thank you for signing and sharing this petition.

Sources:

1. https://www.abc.net.au/news/2018-12-19/nab-and-anz-bosses-face-investor-backlash-on-executive-pay/10634000

 

Last modified on
Rate this blog entry:

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest Thursday, 21 January 2021