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ANZ Bank does Feltex

September 21, 2006 | 3:21 pm

Poor Feltex. But I hate to say it, you dance with the devil and your gonna get burnt. The ANZ is like the town slapper, she’ll say “yes” to anyone who asks, and you think your doing alright. Then you wake up in the morning and realise not only have the beer goggles stopped working but she’s given you the “mydy”. Basically my experience with the ANZ is that you cant trust them. Good luck to Feltex, hope you get out of it OK.

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2 responses

Feltex failed topay what it owed ANZ, the bank was

anna | April 21, 2007 | 9:45 pm

Feltex failed topay what it owed ANZ, the bank was more then accomodating to the company before it called in the loans. Incase you didn’t knopw ANZ had every right to claim back the money that it lent Feltex (see the ANZ lending disclosure statement available at any branch)you are just a bitter individual proably because the bank wouldn’t give you a loan.

Yes they did do what they had a right to

Justin | April 23, 2007 | 11:09 pm

Yes they did do what they had a right to do. No ones disputing that. What the problem I have is they do what they have the right to do, with little concern for what is right. They have been short sighted in the past. Actually they have never turned me down, quite the opposite, they have asked me for my business. But once bitten twice shy. Its unfair of me to say that because they’ve made mistakes in the past that they will in the future, heres hoping they can change and look at the opportunities in front of them and look at more ways to create long term wealth for their stakeholders.

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