tag:blogger.com,1999:blog-10015025314539445022024-03-13T08:05:45.166-07:00Holt Norman Ashman Baker pty ltdJohnsonhttp://www.blogger.com/profile/02508119594912430760noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1001502531453944502.post-49141162773530983922011-09-08T21:54:00.000-07:002011-09-08T21:54:42.148-07:00Judges out of touch Finance Advisers Accountants MIS Projects TimberCorp Rewards Great Southern Superannuation Class Actions HNAB Action Group Peter Holt William (Bill) Norman Ashman Craig Baker Pty Ltd HNAB<div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><span style="color: black; mso-fareast-language: EN-AU;"><strong>Holt Norman Ashman Baker Pty Ltd Action Group (HNAB)</strong></span></div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><br />
</div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><span style="color: black; mso-fareast-language: EN-AU;">A group of Australian investors who shared the same Accountancy firm have started their own action group and blog. (HNAB Action Group). William (Bill) Norman, Craig Baker, Peter Holt</span></div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><br />
</div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><span style="color: black; mso-fareast-language: EN-AU;">The objective of this group is to discuss our experiences. EG. <span style="mso-spacerun: yes;"> </span>(Managed Investment Schemes, Share Market Stocks, Margin Loans, Self Managed Superannuation Funds and Class Actions for TimberCorp & Great Southern).</span></div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><br />
</div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><span style="color: black; mso-fareast-language: EN-AU;">From creating the network and a collaborative approach we aim to work together to establish common goals and objectives </span></div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><br />
</div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"><span style="color: black; mso-fareast-language: EN-AU;">If you would like to join the HNAB action group you will need to contact HNAB action group via <a href="mailto:hnabactiongroup@gmail.com"><span style="color: #2288bb;">hnabactiongroup@gmail.com</span></a> .<span style="mso-spacerun: yes;"> </span></span><br />
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Are class Actions the best action or is it consolidation of the MIS investors to avoid the banks who underwrite the loans. Potentially the impact to banks far outways what they may receive.<br />
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Timbercorp Finance lenders are ANZ Bank, Commonwealth Bank, Westpac Bank and Bank of Scotland. ANZ is reportedly by far the biggest, with an exposure of between $450 million and $500 million. <br />
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Great Southern Class Action were against Bendigo Bank and Adelaide Bank but were withdrawn. </div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;"></div><div class="MsoNormal" style="margin: 0cm 0cm 0pt; mso-layout-grid-align: none;">Are judges out of touch giving the Timbercorp rejections on fathers day?.</div>Johnsonhttp://www.blogger.com/profile/02508119594912430760noreply@blogger.com1