Regulatory capture: did we need a royal commission to bust it wide open? Adele Ferguson says you can bank on it
It’s a classic tale of villains, victims, and heroes. Greedy bankers, brainwashed salespeople, exploited innocents, and a brave few who broke away to flip the Monopoly board off the table. Banking Bad is the eloquently relayed story of Adele Ferguson’s work to expose systematic malfeasance and moral and legal corruption within Australia’s banks and insurers, which resulted directly in the Hayne Royal Commission.
