FT Linked Publication Draws ASIC Whimper

Financial Times linked publication FT Adviser draws a feeble comment from an ASIC spokesman that completely avoids the fundamental issue of why LMIM weren't turned upside down and inside out when the FMIF failed in 2009 putting Au$350m of domestic investors funds in severe risk of going down the drain through which they have since vanished. Click image for story.