TY - BOOK AU - Ferguson,Adele TI - Banking bad SN - 9780733340116 U1 - 332.1068 23 PY - 2019/// CY - Sydney NSW PB - HarperCollinsPublishers Australia KW - Australia KW - Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry KW - Commonwealth Bank (Australia) KW - Bankers KW - Corrupt practices KW - Banking law KW - Financial services industry KW - Investment advisors KW - Moral and ethical aspects KW - Consumer protection KW - Corruption investigation KW - Consumer complaints KW - Consumer satisfaction KW - Consumers KW - Attitudes KW - Finance, Personal KW - Corporate governance KW - Financial planners KW - Banks and banking KW - Corporations KW - Women journalists KW - Biography KW - History KW - White collar crime investigation KW - Politics and government N1 - "Whistleblowers. Corporate cover-ups. One journalist's fight for the truth." -- Front cover; Bibliography: page 385 N2 - In Banking Bad, Adele Ferguson traces the origins of the banking scandal to the early 1990s, when buckets of money began pouring into compulsory superannuation funds, set up by Labor Treasurer Paul Keating. Attracted by the increasing cash, banks devised corrupt and questionable practices to get their hands on funds, along with aggressive selling practices that ignored due diligence, trust and honesty. Drawing on her multiple sources who led her to break the story of malpractice, the individuals, business owners, farmers and ordinary people who lost everything. Adele also looks at the falls from grace at the hands of the royal commission of some of the country's most highly ranked captains of industry, the failure of regulators and recommendations of the commissioner, Kenneth Hayne. And she asks where to from here? ER -