Share on Facebook Share on Twitter Share on Reddit + - Bravo: Humiliation of Ken Henry complete By Houses and Holes in Australian banksat 9:30 am on February 20, 2019 | 31 comments Not involved in any succession arrangements: Emigration looms as an option. Share on Facebook Share on Twitter Share on Reddit + - YOU MAY ALSO BE INTERESTED INChris Bowen goes raw prawn on mortgage broker commissionsVia The Advocate: In a clear stance onUBS: Westpac warning "alarming" for interest only resetVia UBS' excellent Jonathon Mott: WBC is findingIs Australia's little financial crisis over?It's been running for a few years: the wideningNo more mortgages from gym instructorsPush it, mate. Push it! No pain, no gain! No more Comments Ino February 20, 2019 at 9:40 am The only thing that would improve this would be for him to slip on a dog turd as he walks out of the building. AndrewMEMBER February 20, 2019 at 10:12 am Wombat Turd Ino February 20, 2019 at 10:41 am Platypus turd? Popcod February 20, 2019 at 9:52 am Andrew Robb is now out of a job according to the age. My heart bleeds Ino February 20, 2019 at 10:42 am URL? * diligently making a sturdy noose * DennisMEMBER February 20, 2019 at 11:54 am Do you need a hand? And yes, I’m willing to do the time! No blindfold and we can’t tie his feet, I wanna see them kicking! Acton February 20, 2019 at 9:54 am http://brontecapital.blogspot.com/2019/02/a-quick-note-on-resignations-at-top-of.html LSWCHPMEMBER February 20, 2019 at 9:57 am Couldn’t happen to a nicer bell-end. If anybody deserves a bit of humiliation, it’s our Ken. His tuff-guy don’t-fcuk-with-me Coz I’m Great and Powerful schtick at the RC was one of the greatest miscalculations in modern corporate Australia, and that’s really saying something given all the competition. He must be utterly crushed at being plain old Ken in the street, and not having an more power. Imagine the horror of going through life without an army of rumpswabs to order around and give him tongue baths as directed. DennisMEMBER February 20, 2019 at 12:02 pm It never ceases to amaze me how deluded supposedly highly intelligent people can be. I loved watching Rowena Orr lead them down the garden path. speaking to them quietly and calmly, then quickly and cleanly sliding the slaughter man’s knife across their throats. It was a joy watching the light disappear from their eyes. She’s my pinup girl in every respect. triageMEMBER February 20, 2019 at 12:02 pm I think Ken remains a non-executive director of ASX Ltd so his dance card is not entirely blank. IanRoberts February 20, 2019 at 3:14 pm Don’t you worry about Ken. In his mind, everyone else is wrong. myne February 20, 2019 at 10:01 am Weird that the guy who wrote such a great tax review has fallen so far so fast. afundMEMBER February 20, 2019 at 10:05 am I agree. I had great hopes for this guy. He chose a different path like most of them. I wonder how many millions he gets for efforts. How they don’t go to prison is staggering. They were paid to obey the law, not break it. No wonder we’ve lost the faith. darklydrawlMEMBER February 20, 2019 at 10:18 am Prison is for poor people, not those nice C suite types – If you or I systematically stole money from their customers over many years that’s where we would end up – and for a long time. But when they do it, it is a slap on wrist,a $Million dollar payout and some gardening leave for the next 12 months. Tough gig, but some boy, that’ll learn ’em!! bjw678 February 20, 2019 at 11:41 am ” They were paid to obey the law” Really? Based on their remuneration packages, I’d say they were paid to inflate the share price as much as possible, as that is what is incentivised. Candino99 February 20, 2019 at 12:02 pm It’s not over yet, some are going to be charged with criminal offences afundMEMBER February 20, 2019 at 12:07 pm @bjw sure boost the performance etc., but directors and CEO’s have clear responsibilities to act legally and ethically. I’d like to see what ASIC and APRA have to say about this, and what will trigger a criminal prosecution. Apparently, we’ll be seeing some, but it’ll never trust them after all this. They’ll just make thing even more opaque claiming commercial in confidence or some other BS reason. bjw678 February 20, 2019 at 4:47 pm ” some are going to be charged with criminal offences” I’ve got a bridge to sell you. ” I’d like to see what ASIC and APRA have to say about this, and what will trigger a criminal prosecution.” Same as always, nothing to see here, and my guess is like the FIRB flying pigs wouldn’t even trigger a prosecution.. https://www.macrobusiness.com.au/2019/02/pussy-labor-prepares-to-roll-on-broker-reform/ labor is clearly making do nothing a bipartisan policy on this issue. Whocoodanode? Mr Walker February 20, 2019 at 10:16 am #PrayForHenry Ino February 20, 2019 at 10:43 am You missed an “S” at the begining of “Pray” 😀 SweeperMEMBER February 20, 2019 at 10:20 am Here’s hoping Ken Henry’s story is the personified story of neoliberalism in Australia. Phil February 20, 2019 at 10:57 am Yep, he’ll be on the Board of BHP in no time. bjw678 February 20, 2019 at 11:42 am lol, but probably true. Phil February 20, 2019 at 11:50 am There will be a vacancy soon, when Maxsted (WBC Chair) decides to spend more time with his family. Robert February 20, 2019 at 11:53 am Mr Chronican appears to be offering his services at a very competitive rate compared to other bank CEOs. Could be the start of a trend. Ubietz February 20, 2019 at 12:44 pm Contact within NAB informs me during a finance meeting that they excused his behaviour by saying “he just woke up on the wrong side of the bed that day”. Then they got told the staff need to change their behaviour and attitude. You cannot make this stuff up. HaneiMEMBER February 20, 2019 at 12:58 pm Worry yee all not my fellow investors- my right upstanding legal colleagues will get paid for representing both the company and the dear departed and that of course is the most important thing. China PlateMEMBER February 20, 2019 at 2:41 pm All the iron turned to rust; All the proud men turned to dust https://www.youtube.com/watch?v=2A7xoKo7sGM&list=PLfimnwaZdumgNU2Y_8SpLJHg0-xmHWWtX&index=7 Arrow2MEMBER February 20, 2019 at 10:15 pm Love it CP. surflessMEMBER February 20, 2019 at 7:47 pm There are no shortage of Boy’s Club Boards for Mr Henry. skippy February 21, 2019 at 6:32 am Grishams law with a side of ideology dressed up as economics, this is not just an Australian condition.