There's a lot of things very wrong with our society, I agree...

There's a lot of things very wrong with our society, I agree losing a billion dollars then saying sorry doesn't cut it with me.

But then I see this as the symptom of the very largest issue we have and that is our irrational respect for authority.

Whether that be a board of directors or a government regulator what we need is a healthy disrespect for authority and a culture of independent thinking to keep them in check.

Call me an Anarchist but I have a problem with telling grown adults what to do, we need people to take responsibility for their own sheet.

How would you explain to a 5 year old what happened, we gave $1 billion to 5 old men who asked 70 lawyers to check out a company in the U.K which they bought but it turned out to be a fraud they were wrong and lost it all.

It's the market regulator's fault.

I think you guys want revenge but prisons should be for violent offenders only as they are less humane than a public execution. A more appropriate solution would be to once a week lock Gretchie into stocks in a public place in Melboune, pelt him with rotten eggs and have a different bunch of nanas explain how difficult losing their savings has been. And what a putrid human being he is.

Thing is that square will be awful crowded as this happens a lot. We need space for the directors of.

• CDD
• ARI
• STO
• AAX
• MRM
• BHP

Billions lost without so much as sorry, that's just the ones I was following I am sure there are more. Almost every company announces a non-cash (lol) impairment as they ramp up remuneration to directors - it's the done thing.

Of course banks and corporations are mainly product of the 19th and 20th Centuries, before that people kept their money in their mattress as they knew no-one else could be trusted with it.

Maybe they were onto something.

GLTA