Banking Bad by Adele Ferguson audiobook

Banking Bad: Whistleblowers. Corporate cover-ups. One journalist's fight for the truth.

By Adele Ferguson
Read by Adele Ferguson

Bolinda Audio

Unabridged

Format: Library CD (In Stock)
  • ISBN: 9780655630982

  • ISBN: 9780655630982

Runtime: 13.17 Hours
Category: Nonfiction/Business & Economics
Audience: Adult
Language: English

Summary

Summary

Shortlisted for the Davitt Award for Best Nonfiction Crime Books

Shortlisted for the Davitt Award for Best Debut Crime Books

How corporate greed broke our trust and failed Australia.

Against all the odds, Australia held a royal commission into the banking and financial services industries. Its revelations rocked the nation. Even defenders of the banks were blindsided.

Few people were more instrumental in bringing about the commission than journalist Adele Ferguson. Through her exposes in print and on television, she pursued the truth about funds mismanagement, fraud, lack of probity, and the hard-sell culture that took over the finance industry after deregulation in the 1980s. But it wasn't just light-touch regulators and crooked bankers growing fat on bonuses she put under the spotlight. It was also their victims - men and women who had lost everything, and had no recourse when they discovered empty accounts, egregious fees, forged documents and broken promises.

Now in Banking Bad, Ferguson tells the full story of the power imbalance, toxic culture and cover-ups. She describes the long fight for justice by whistleblowers, victims and political mavericks, and she looks at the outcomes of the royal commission - the falls from grace, the damaging hubris, the scathing assessment of the regulators, and the colossal compensation bill - an estimated $10 billion.

Finally, she asks whereto from here? In May 2019, the Coalition government, which resisted calls for a royal commission, was re-elected. Bank stocks surged and lending regulations were loosened. Will it all be business as usual from now on, or have our financial executives learned that their wealth cannot come at the expense of ordinary Australians?

This is a book for every person with a bank account.

Editorial Reviews

Editorial Reviews

“Ferguson’s pacey writing style gives the book the air of a corporate thriller.” ABC News
"[Ferguson] recounts a colorful cast of bullies, thieves, and crooks being rewarded extraordinary sums to rip off customers.” Money Magazine

Reviews

Reviews

Author

Author Bio: Adele Ferguson

Author Bio: Adele Ferguson

Titles by Author

Details

Details

Available Formats : CD, Library CD
Category: Nonfiction/Business & Economics
Runtime: 13.17
Audience: Adult
Language: English