I'm wondering how many of our political representatives, people in regulatory organisations, key personnel in industry representative groups and superannuation funds have invested in Residential Mortgage Backed Securities? Or banks?
How would most people know where their money was invested when they give it to a fund manager, MIS or superfund scheme?
It would stand to reason that people in powerful positions could be influenced by their investments and self-interest.
Is it possible that any of them received RMSB investments as 'gifts' from the banks?
Is it possible that any of them have no idea, forgot to look or failed to declare their or their company's, family's, trust's investments in RMBS?
I understand there is a register of the assets and investments held by our parliamentarians. Does anyone know where to find it? Is this open for public viewing?
How does this essential area of transparency and...