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Featured Profile
David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson writes.
Classic BenO ... I love it! I do indeed recall your prognosis of the Greek situation 18 months ago.
As a Greek I see this as it is. The country has been and always will be corrupt. To this day there is no protection of your land, your neighbor can steal square meters all they want and it will take years of litigation to recover. There is no national title office. Any one with connections can bribe an official and take over your land. Asking my attorney for a receipt resulted in him receiving the funds but dropping any and all communication with my family since a receipt meant he had to show the funds. The problems are built into the system. Successive governments have preached that Greeks are smarter than any one else, and can cheat non stop and no one can stop it. A default would be the best for a clean slate for all. The slow bleeding death will only result in prolonging the agony and the EU funds going to waste.