Australian (ASX) Stock Market Forum

****ASF Breaking News****

A former director of the failed white goods firm Kleenmaid has been sentenced to seven years in jail for fraud and insolvent trading.

"Westpac suffered a direct loss and innocent creditors were collateral damage as a result of propping up a sinking ship," he said.

7 years for defrauding a bank, meanwhile - 4 years for murder -

http://www.theaustralian.com.au/new...d-till-late-2017/story-e6frg6nf-1226755745383

THE grief-stricken parents of Thomas Kelly say NSW Premier Barry O'Farrell must act on alcohol-fuelled violence following the "shocking and lenient" sentence given to his killer.

Kieran Loveridge was sentenced in the NSW Supreme Court today to serve four years in jail for Mr Kelly's manslaughter in July 2012.

Speaking outside the Supreme Court in Sydney, Mr Kelly's father, Ralph Kelly, said the sentence had left his family "cold, shocked and just beyond disbelief".

http://www.theaustralian.com.au/new...d-till-late-2017/story-e6frg6nf-1226755745383

http://www.abc.net.au/news/2015-10-...ailed-over-offences-ahead-of-collapse/6824154

Molesting a child ? probably a bond.
 
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Deutsche Bank paid $6bn to a hedge fund client by mistake in a “fat finger” trade on its foreign exchange desk this summer that raises fresh questions about its operational controls and risk management.

Germany’s biggest bank recovered the money from the US hedge fund the next day. But the incident in its London-based forex team was an embarrassing blow to the bank, which is already under intense scrutiny from regulators.

And here's Zerohedge take on it.

http://www.zerohedge.com/news/2015-...ly-paid-hedge-fund-6-billion-fat-finger-error

It is scary to think what this slip up actually means in terms of their systems and controls (or there lack of!).
 
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And here's Zerohedge take on it.

http://www.zerohedge.com/news/2015-...ly-paid-hedge-fund-6-billion-fat-finger-error

It is scary to think what this slip up actually means in terms of their systems and controls (or there lack of!).

Lack of, exactly. I can't make a small transaction to an internationally-based bank account without Westpac calling my mobile and asking if it's ok. And it happens immediately. It's very reassuring.

I like to steer clear of financial companies who are not fiercely strict with processes and protocols.
 
... and now we're being warned about vege oils being carcinogenic. Back to good old butter.

http://www.abc.net.au/local/stories/2013/03/06/3708514.htm

Somatic illness and disease is created in the mind. These 'bad' foods are in fact used as 'medicine'. Sugary, fatty and salty foods pump up brain dopmamine stores. Remember that last horror trade you made? Why did it make you reach for the chocolate, junk food or alcohol? Because as far as your mind is concerned, "big loss" = "bad person". And a "bad person's" brain won't release dopamine. That's the way the mind works whether you admit it or not. Good and bad judgments are functioning almost constantly in the pre- and subconscious.

The lack of dopamine is caused by failure to succeed, which itself is caused by poor mental habits.

As usual, researchers are confused about how it all works. They will be ****ing around for another 50 years before the penny drops, and then they will be saying what I'm saying here, only this time it will be with the headlines "new ground-breaking discovery".
 
I'm watching FOX news and they just said more explosions and shootings are happening around/in the concert hall where people are held hostage.
 
Multiple terrorist acts in Paris at moment. At least 40 dead. Hostages taken at concert hall.

From Ninemsn


A man who was inside the theatre when the gunmen entered told a French radio station that the men shouted 'Allah Akbar' as they opened fire.

He added: 'The men came in and started shooting. Everyone fell to the ground. It was hell. I took my mum, and we hid. Someone near us said they have gone, so we ran out.

'I was only thinking of escaping. We're out now. I think people are still inside. It's a nightmare - a nightmare.'

They also shouted, 'this is for Syria', another witness inside the theatre claimed.
 
7 different coordinated attacks.State of emergency declared in France , border closed and school closed on Monday
 
I've got an uncomfortable feeling of anger.

We all know France has been heavily populated by Muslims, where Muslims go so does Islam, this is their reward for tolerance. :mad:
 
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