Penalty does not fit crime
BUSINESSMAN Craig Gore received a lifetime ban from the Federal Court which prohibits him from doing any business in the financial services industry ( C-M, May 30). His gang of likethinkers got suspensions ranging from 7½ to 10 years for engaging in those same practices.
There was no mention of any prison time to be served and ASIC pats itself on the back for the penalties mentioned and given to people who misused $4 million and financially ruined the lives of 200 people, clients to whom these people were beholden.
This really seems to be a case where the punishment certainly does not fit the crime. Jim Pogorelc, Hillcrest
WELL, blow me down to hear the LNP post-mortem finds Campbell Newman’s hubris contributed to its election loss ( C-M, May 30). I always thought he was humility personified. David Hall, Labrador