A Wunch of Bankers

Daniel Ziffer

A Wunch of Bankers
  • Format
  • Publisher
  • Country
  • Published
  • Pages
  • ISBN

A Wunch of Bankers

Daniel Ziffer

It wasn’t just its exhaustive rounds of hearings around the country – Melbourne, Brisbane, Darwin, and Sydney – on topics from farming finance to financial planning. It wasn’t even the long list of scandals exposed to a horrified nation – charging fees to dead people, blatant conflicts of interest, and taking $1 billion from customers in fees that banks were never entitled to.

What made it so fascinating, so heart-breaking, and so enraging was the procession of faces through the witness box, and the team of counsel gazing into the dark heart of banking.

Tearful victims, blank-faced executives, hapless regulators, and a couple of utter charlatans all had their day in court, watched by an audience of millions, and revealing – in their stories – the material to justify re-shaping the multi-trillion dollar financial services industry that forms a pillar of Australian life.

A Wunch of Bankers covers not just the big shocks, but the small moments – lost in the flurry of daily reporting – that reveal how companies have used the law, limp enforcement, and basic human behaviour to take advantage of customers.

Is there a phrase that judges how much life-insurance spruikers in call centres can terrify you about your impending death – and the grief-stricken ruins of an estate you’ll leave for your bereaved family – while still being legal?

Yes, there is.

Was there a meeting in which a bank’s executives ignored a warning of “Extreme” from its chief risk officer, to embark on an illegal scheme that accrued $3.6 billion in funds?

There was.

Mixed among the testimony are snippets from life on the road as the World’s Oldest Debuting TV Reporter – not just driving five hours one-way to talk to a man who almost blew his brains out over a bank nabbing his $22 million estate, but explaining how journalism can only ever give you a glimpse inside complex issues.

In A Wunch of Bankers, Danel Ziffer bring out the colour and grit of the royal commission’s proceedings, and explores broader issues raised by the testimony. A mixture of analysis, reportage, and observations, it is densely researched and compellingly written.

 

Order online and we’ll ship when available ( 2 July 2019).

Our stock data is updated overnight, and availability may change throughout the day for in-demand items. Please call the relevant shop for the most current stock information. Prices are subject to change without notice.

Sign in or become a Readings Member to add this title to a wishlist.