A Wunch of Bankers
a year in the Hayne royal commission
Seiten
2019
Scribe Publications (Verlag)
978-1-912854-65-3 (ISBN)
Scribe Publications (Verlag)
978-1-912854-65-3 (ISBN)
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It was a complicated, galling, and gasp-inducing year at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
It wasn’t just the long list of scandals exposed to a horrified nation — charging fees to dead people, ignoring blatant conflicts of interest, and taking $1 billion from customers in fees that banks were never entitled to.
What made it so fascinating, so heart-breaking, and so enraging was the procession of faces through the witness box, and the team of counsel gazing into the dark heart of banking.
Tearful victims, blank-faced executives, hapless regulators, and a couple of utter charlatans all had their day in court, watched by an audience of millions, and revealing — in their stories — the material to justify re-shaping the multi-trillion dollar financial-services industry that forms a pillar of Australian life.
A Wunch of Bankers covers not just the big shocks, but the small moments — lost in the flurry of daily reporting — that reveal how companies have used the law, limp enforcement, and basic human behaviour to take advantage of customers.
Is there a phrase that allows life-insurance spruikers in call centres to terrify you about your impending death — and the grief-stricken ruins of an estate you’ll leave for your bereaved family — while still being legal? Yes, there is.
Was there a meeting in which a bank’s executives ignored a warning of ‘Extreme’ from its chief risk officer, to embark on a dodgy scheme that accrued $3.6 billion in funds? There was.
In A Wunch of Bankers, the World’s Oldest Debuting TV Reporter brings out the colour and grit of the royal commission’s proceedings, and explores broader issues raised by the testimony. A compelling mixture of analysis, reportage, and observation, it is a revelatory work.
It wasn’t just the long list of scandals exposed to a horrified nation — charging fees to dead people, ignoring blatant conflicts of interest, and taking $1 billion from customers in fees that banks were never entitled to.
What made it so fascinating, so heart-breaking, and so enraging was the procession of faces through the witness box, and the team of counsel gazing into the dark heart of banking.
Tearful victims, blank-faced executives, hapless regulators, and a couple of utter charlatans all had their day in court, watched by an audience of millions, and revealing — in their stories — the material to justify re-shaping the multi-trillion dollar financial-services industry that forms a pillar of Australian life.
A Wunch of Bankers covers not just the big shocks, but the small moments — lost in the flurry of daily reporting — that reveal how companies have used the law, limp enforcement, and basic human behaviour to take advantage of customers.
Is there a phrase that allows life-insurance spruikers in call centres to terrify you about your impending death — and the grief-stricken ruins of an estate you’ll leave for your bereaved family — while still being legal? Yes, there is.
Was there a meeting in which a bank’s executives ignored a warning of ‘Extreme’ from its chief risk officer, to embark on a dodgy scheme that accrued $3.6 billion in funds? There was.
In A Wunch of Bankers, the World’s Oldest Debuting TV Reporter brings out the colour and grit of the royal commission’s proceedings, and explores broader issues raised by the testimony. A compelling mixture of analysis, reportage, and observation, it is a revelatory work.
Daniel Ziffer covered the Hayne royal commission for ABC radio, TV, and online. He was formerly the long-time senior producer of ‘Mornings with Jon Faine’, at ABC Radio Melbourne, and has worked on air and in production at Macquarie Radio, as a freelance foreign correspondent based in New York City, a journalist at The Age, and as a magazine editor.
| Erscheinungsdatum | 03.10.2019 |
|---|---|
| Verlagsort | London |
| Sprache | englisch |
| Maße | 153 x 234 mm |
| Themenwelt | Geschichte ► Teilgebiete der Geschichte ► Wirtschaftsgeschichte |
| Wirtschaft ► Allgemeines / Lexika | |
| Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung | |
| Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre | |
| Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft | |
| ISBN-10 | 1-912854-65-1 / 1912854651 |
| ISBN-13 | 978-1-912854-65-3 / 9781912854653 |
| Zustand | Neuware |
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