Author Archives: Danielle Park

Australian Royal Commission into its banks yields universal findings

Posted on May 8, 2018 by Danielle Park

Now available on line are the televised hearings of the recent 19-day Royal Commission into Australian banks. The formal public inquiry led by a retired judge not surprisingly uncovered the common list of wrongdoing including bribery and fraud rings, poor … Continue reading →

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Indefensible: still no compensation reform for bankers

Posted on May 7, 2018 by Danielle Park

The big banks sit on the chest of the regulators and tell them what lip service they will focus on and what substantive reforms they will avoid and ignore.  Captured. Thank you @SenatorMenendez for shining a bright spotlight on the … Continue reading →

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Economy facing extended downside of debt mountain

Posted on May 4, 2018 by Danielle Park

The debt hangover will suppress saving and spending ability for an extended period in Canada (and other countries), even if rates don’t move higher from here. Laurie Campbell, CEO of Credit Canada discusses how indebted Canadians can manage their debt … Continue reading →

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