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Storm Financial Group
- Thread starter Garpal Gumnut
- Start date
Garpal Gumnut
Ross Island Hotel
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gg, is this really you on your bicycle outside The Ross.... ?
lol , no mate, I don't wear a bicycle helmet.
If you look carefully you can see garpaldog at the front door sipping some water.
gg
Sipping some water???
Garpal, I'm disappointed in you son, for showing such poor regard for your dog.....couldn't you at least have set the poor hound up with a dish full of ice cold beer?
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gg, I'm seeing my Stormer mate tomorrow, it's almost the 1st anniversary. He's not travelling too well at the moment. He hasn't had any news yet, I'm sure it's the margin loan issue that's holding things up. I know the dire situation he's in and with Christmas coming up I know it's eating into him a lot.
I've been thinking a bit about the examination, I've got to keep reminding myself it wasn't a prosecution trial it was an examination. I believe Mr Wilkins is very competent and his methods will produce some very positive outcomes. I'm sure the next steps will be very interesting. I'm sure ASIC are taking a very serious view, look at the money they have spent and even Mr Upton's new buzz cut is an indication to me that they are serious and mean business.
Lady Penelope is still Stateside visiting her friends in the Valley, you know you can take the girl out of the Valley but you can't take the Valley out of the girl
So we'll have a free reign and we'll try and numb my Stormer mate a bit tomorrow night, last week when we sent him home the cabbie looked a bit familiar and I'm sure he only had one eye..
I've been thinking a bit about the examination, I've got to keep reminding myself it wasn't a prosecution trial it was an examination. I believe Mr Wilkins is very competent and his methods will produce some very positive outcomes. I'm sure the next steps will be very interesting. I'm sure ASIC are taking a very serious view, look at the money they have spent and even Mr Upton's new buzz cut is an indication to me that they are serious and mean business.
Lady Penelope is still Stateside visiting her friends in the Valley, you know you can take the girl out of the Valley but you can't take the Valley out of the girl
So we'll have a free reign and we'll try and numb my Stormer mate a bit tomorrow night, last week when we sent him home the cabbie looked a bit familiar and I'm sure he only had one eye..
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Life is full of injustice look at the attached link and tell me how Jelly will win this given who the major sponsor is!!! Always next year I guess????
http://www.australianoftheyear.org.au/nominate/
What odds a Manny/Jelich quinella? i've got a feeling their community service hours are only going to grow......
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"Jetsetters may crash while banks weather Storm"
"STORM Financial co-founders Emmanuel and Julie Cassimatis had some heavy explaining to do when they made separate appearances in the Federal Court in Brisbane this week.
The subject was the Storm corporate jet, bought in 2007 to give wings to Storm's dream of literally flying high."
More by Andrew Fraser in The Australian here;
http://www.theaustralian.com.au/news/features/jetsetters-may-crash-while-banks-weather-storm/story-e6frg6z6-1225795179464
"STORM Financial co-founders Emmanuel and Julie Cassimatis had some heavy explaining to do when they made separate appearances in the Federal Court in Brisbane this week.
The subject was the Storm corporate jet, bought in 2007 to give wings to Storm's dream of literally flying high."
More by Andrew Fraser in The Australian here;
http://www.theaustralian.com.au/news/features/jetsetters-may-crash-while-banks-weather-storm/story-e6frg6z6-1225795179464
Garpal Gumnut
Ross Island Hotel
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lol, actually he has been known to drink Guinness and GnT, but I purposely put the water in so that I wouldn't be dobbed into the RSPCA or Council for having a drunk dog in charge.
gg
Garpal Gumnut
Ross Island Hotel
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gg, I'm seeing my Stormer mate tomorrow, it's almost the 1st anniversary. He's not travelling too well at the moment. He hasn't had any news yet, I'm sure it's the margin loan issue that's holding things up. I know the dire situation he's in and with Christmas coming up I know it's eating into him a lot.
I've been thinking a bit about the examination, I've got to keep reminding myself it wasn't a prosecution trial it was an examination. I believe Mr Wilkins is very competent and his methods will produce some very positive outcomes. I'm sure the next steps will be very interesting. I'm sure ASIC are taking a very serious view, look at the money they have spent and even Mr Upton's new buzz cut is an indication to me that they are serious and mean business.
Lady Penelope is still Stateside visiting her friends in the Valley, you know you can take the girl out of the Valley but you can't take the Valley out of the girl
So we'll have a free reign and we'll try and numb my Stormer mate a bit tomorrow night, last week when we sent him home the cabbie looked a bit familiar and I'm sure he only had one eye..
Many of the Storm victims are still doing it tough. Once BOQ and MQG come to the party it will get easier.
Also once the criminal trials start there will be a chance for those who have lost to have some "closure", excuse the pun.
Wish him all my best.
gg
Garpal Gumnut
Ross Island Hotel
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lol , I think we should nominate Solly for all the devilling he has done. I doubt if the Jelly or Manny will make it anytime in to the future.
gg
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Banks and Storm...both guilty as sin
I just hope ASIC really grow a set and give the bank johnnies the lashing they also deserve. Without their help EC & JC would never have been able to do what they have done. ANZ have also started negotiations with S&G. The head honchos of the banks should also have been hauled before the federal court but as yet seem to be a protected species. The journos who have sat in on the court proceeding seems to be getting a better idea of just what underhanded and unethical practices have been allowed and encouraged by both Storm and the banks. I can only hope that justice will eventually prevail.
Mash
I just hope ASIC really grow a set and give the bank johnnies the lashing they also deserve. Without their help EC & JC would never have been able to do what they have done. ANZ have also started negotiations with S&G. The head honchos of the banks should also have been hauled before the federal court but as yet seem to be a protected species. The journos who have sat in on the court proceeding seems to be getting a better idea of just what underhanded and unethical practices have been allowed and encouraged by both Storm and the banks. I can only hope that justice will eventually prevail.
Mash
Talking of dogs.....a few weeks ago I saw a man and a woman pull up outside a shop in a small village near where I live. They were in a ute with a huge hairy dog in the back. The man goes into the shop and comes back out with three of those ice creams on sticks - I think they were 'Have-a-Hearts' or something similar.
The couple eat their ice creams and then he takes the wrapper off the third one and holds it out to the dog who was leaning right out from the back of the ute in his eagerness to get at it. The old dog downs the ice cream in record time while the man holds it for him!
Lucky the couple weren't Manny & Julie.....otherwise the dog might have had to pay 7% up front fees for ice cream management!
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gg, thanks mate, that's made my motley mates that are here tonight belly laugh out loud
I told them that I'm sure accruing a couple of penalty units under Division 1 / 10 of the Summary Offences Act doesn't preclude one from nomination.
:
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Mash you hit the nail on the head when you say that EC and JC couldn't have achieved anything without the bank jockeys help. The banks have always been a protected species and the sooner it changes the better. You'd have to be blind freddie not to see it. The good old fashioned bank manager who looked after his clients no longer exists today it's all about the money instead of the people.
Bunyip if I was the dog and the couple were you know who I would have turned the icecream around and shoved it up their you know what.
Bunyip if I was the dog and the couple were you know who I would have turned the icecream around and shoved it up their you know what.
LOL.....Harleyquin.....it's good to see you've retained a sense of humour in spite of everything!
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Bunyip even when I'm being serious I always retain a sense of humour. Life is meant to be enjoyed and I make sure I enjoy mine.
Quincy
Jack of all trades master of 0
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"ASIC nets fewer fish"
Article in the Financial Review - 06 November, 2009 by Patrick Durkin
View attachment AFR 06 November 2009.pdf
Storm Financial is just one of many collapses which has resulted in mayhem for investors.
If a charge of insolvent trading is pursued and subsequently proven, will the Cassimatis' be met with the full force of the law or will ASIC just end up rapping them over the knuckles ?
Article in the Financial Review - 06 November, 2009 by Patrick Durkin
View attachment AFR 06 November 2009.pdf
Storm Financial is just one of many collapses which has resulted in mayhem for investors.
If a charge of insolvent trading is pursued and subsequently proven, will the Cassimatis' be met with the full force of the law or will ASIC just end up rapping them over the knuckles ?
I like it but don't give up your day job.
Garpal Gumnut
Ross Island Hotel
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"Banks urged to follow CBA Storm compo lead"
"The CBA announced yesterday it has put aside a 'reasonably significant' amount of compensation for Storm clients.
The Storm Investors Consumer Action Group says it hopes other banks will follow the Commonwealth Bank's example of providing compensation to former Storm clients."
More by By Niki Lyons on the ABC.
http://www.abc.net.au/news/stories/2009/11/10/2738128.htm
"The CBA announced yesterday it has put aside a 'reasonably significant' amount of compensation for Storm clients.
The Storm Investors Consumer Action Group says it hopes other banks will follow the Commonwealth Bank's example of providing compensation to former Storm clients."
More by By Niki Lyons on the ABC.
http://www.abc.net.au/news/stories/2009/11/10/2738128.htm
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"The hubris of Storm Financial"
By Nick Samios on Business Spectator;
http://www.businessspectator.com.au/bs.nsf/Article/You-want-my-money-for-what-pd20091109-XLTSZ
By Nick Samios on Business Spectator;
http://www.businessspectator.com.au/bs.nsf/Article/You-want-my-money-for-what-pd20091109-XLTSZ
