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 


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.


Articles View Hits

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: Worst kept secret: CBA banker to head ASIC - by The Michael West Despatch

  • Font size: Larger Smaller
  • Hits: 710
  • Print

Worst kept secret: CBA banker to head ASIC - by The Michael West Despatch


It is the worse kept secret in the business world; that is the impending appointment of former Commonwealth Bank counsel, John O’Sullivan, to head up the corporate regulator.

The optics are not good. CBA to the Australian Securities & Investments Commission via a stint as chairman of Credit Suisse investment bank. As Liberal Party donor and mate of PM Malcolm Turnbull, O’Sullivan has the Opposition crying foul.

This has been one of the most leaked appointments in memory and the press coverage enshrines the culture wars going on in financial media. The Australian and the Australian Financial Review have been deployed by “sources” to soften up public opinion.

How could a CBA executive possibly head up the regulator after Storm Financial, the CBA financial advice and Comminsure scandals and now the biggest blow-up of all, the AUSTRAC money-laundering debacle? With some easy-going press, that’s how.

READ FULL ARTICLE HERE.....................



Last modified on
Rate this blog entry: