It is put nicely by Humphrey Appleby in Yes Prime Minister in link below about this, "It is a symbol, you don't fund them for doing work you fund them to show what you approve of". If Abbott abolished ASIC people would scream that he was letting the corporate world get away with murder and didn't care (which he is doing anyway). Most people don't have first hand experience with ASIC unless your in a messy situation like us.
Cheers
NXS Price at posting:
1.3¢ Sentiment: None Disclosure: Held
If Abbott abolished ASIC people would scream that he was letting the corporate world get away with murder and didn't care (which he is doing anyway). Most people don't have first hand experience with ASIC unless your in a messy situation like us.
