fraiserouge@lemmy.world to Australia@aussie.zoneEnglish · 2 days ago‘Betrayed the trust of Australians’: ANZ bank pays record $240m fine for widespread misconductwww.theguardian.comexternal-linkmessage-square10fedilinkarrow-up132arrow-down10
arrow-up132arrow-down1external-link‘Betrayed the trust of Australians’: ANZ bank pays record $240m fine for widespread misconductwww.theguardian.comfraiserouge@lemmy.world to Australia@aussie.zoneEnglish · 2 days agomessage-square10fedilink
minus-squareMister_Ruse@aussie.zonelinkfedilinkEnglisharrow-up9·2 days agohttps://youtube.com/watch?v=Fj1PnEh6MAg Every time I see one of these stories. Did the fine actually exceed their profit from the misconduct?
minus-squareThe_Decryptor@aussie.zonelinkfedilinkEnglisharrow-up2·1 day agoI caught his coverage of the fine yesterday on 9 news, he pointed out that their share price actually rose afterwards, so the fine didn’t really hurt them in any way.
minus-squareTaleya@aussie.zonelinkfedilinkEnglisharrow-up3·1 day agoFR. Fines need to be based on at least double what the misconduct earned them.
https://youtube.com/watch?v=Fj1PnEh6MAg
Every time I see one of these stories. Did the fine actually exceed their profit from the misconduct?
I caught his coverage of the fine yesterday on 9 news, he pointed out that their share price actually rose afterwards, so the fine didn’t really hurt them in any way.
FR. Fines need to be based on at least double what the misconduct earned them.