Involvement With Storm Financial
As of 2010, it has been found that one of the Townsville branches of the Bank of Queensland was giving loans to clients of the collapsed Storm Financial. Australian Securities and Investments Commission undertook compensation suits on behalf of Storm Financial clients against the BOQ.
Read more about this topic: Bank Of Queensland
Famous quotes containing the words involvement, storm and/or financial:
“What causes adolescents to rebel is not the assertion of authority but the arbitrary use of power, with little explanation of the rules and no involvement in decision-making. . . . Involving the adolescent in decisions doesn’t mean that you are giving up your authority. It means acknowledging that the teenager is growing up and has the right to participate in decisions that affect his or her life.”
—Laurence Steinberg (20th century)
“The poorest man may in his cottage bid defiance to all the forces of the Crown. It may be frail—its roof may shake—the wind may blow through it—the storm may enter—the rain may enter—but the King of England cannot enter!—all his forces dare not cross the threshold of the ruined tenement!”
—William Pitt, The Elder, Lord Chatham (1708–1778)
“America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub.”
—C. Wright Mills (1916–1962)