ANZ 1.43% $28.27 australia and new zealand banking group limited

securities lending contracts, page-19

  1. 4,770 Posts.
    Let me make it totally clear. The ANZ signed an agreement and moved into Opes after CEO Laurie Emini had left. They then took all the shares they could find stormtrooping through the place.

    They took, subsequent to this things they could never have had access to including unencumbered shares including private Superannuation accounts and appropriated the stock.

    Are the ANZ now saying they did not know what they took? They never looked at the labels? They never opened the envelopes? They never ran a finger down the spreadsheets.

    So they say we've got a charge over your backyard and take the Government power meter, the visitor's car on hire purchase and the next door neighbour's cat because they were there.

    Wilful blindness or deliberate misappropriation or innocent mistake or because they could.

    We'll see. The ANZ will pay.
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