How You Can Use Neuro Linguistic Programming To Find Success|How Neuro Linguistic Programming Can Improve Your Life Dramatically

How You Can Use Neuro Linguistic Programming To Find Success|How Neuro Linguistic Programming Can Improve Your Life Dramatically

by

Donald Geary

Neuro Linguistic Programming is a self-improvement method that gives you a large number of helpful tools that can be used for many purposes. Utilizing very simple strategies that anyone can implement, NLP is actually more in-depth than you would think. The strategies taught in hypnosis and psychology are sometimes emulated in NLP in a variety of ways. We will now introduce a few valuable NLP techniques that you can apply in your own life starting now.

If you take a course in Neuro Linguistic Programming or read a book about it, you\’ll hear a lot about modeling. This can be applied in several ways, but one thing you can do is model the people around you to build better relationships with them. You can do this by studying the way they talk and move and then adopting certain aspects of it into your own behaviors. It\’s important to approach this carefully because you don\’t want to look silly or have them think you are making fun of them. But if you take a careful approach to it, it can be very beneficial in helping you build rapport with just about anybody.

Reframing is a NLP attitude that is utilized by numerous means. It can be utilized to help you re-shape your attitude toward experiences in your life.

[youtube]http://www.youtube.com/watch?v=EIKIAS3JArc[/youtube]

This is a widespread maneuver applied by advertisers and politicians, for modifying people feelings about things. For instance, if you\’re trying to sell things that most people regard as downbeat, then you can try restricting it so that it\’s something that becomes more in-demand. You can depict your item as something meant for your more urbane and high-level customers, if it is more expensive than with your competition. It\’s generally a possibility to modify you or other peoples\’ feelings about something.

Do you have emotions that you want to change? The Swish technique from NLP can help you with this. It\’s a fairly simple visualizing technique, but if you practice it regularly it can help you in many ways. What you have to do is replace an undesirable mental image with something you would rather see. If, for example, you have a fear of public speaking because you imagine yourself giving a bad speech, this is an image you want to change. So you create an image of yourself giving a speech that everyone loves. You then replace the negative image with the positive one. You may have to repeat this several times, but the more you do it the more effective it will be.

This is obviously only a brief introduction to the entire science of Neuro Linguistic Programming – there is so much more to be learned. Now that you have a couple of the techniques under your belt, you can see the power of NLP. There is a factor of intimidation involved with the science of NLP. Once you\’re over that, you can reap the benefits of implementing these techniques.

Then why should you you want to study NLP ? Mastery of NLP Methods provides numerous advantages.

The very first is that you will have a excellent amorous life. The use of NLP permits you to get women and pick up female with ease. NLP seduction techniques are well deemed unbeatble tools. This is the case when you appreciate Neuro linguistic programming language patterns. More sophisticated specialists pick up strategies on Neuro linguistic programming embedded commands and NLP meta model. Imagine- it is possible to get women to approach you and get women numbers. NLP is like mind power control!

The next benefit is that can teach how to make money fast. You will understand how Neuro linguistic programming sales instructions boosts conformity with no trouble. You can generate more cash fast.

And finally Neuro linguistic programming will sharpen trust. You\’ll learn how people believe and choose. That means you have an edge

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GWAR frontman Dave Brockie aka Oderus Urungus dies at age 50

Tuesday, March 25, 2014

Brockie as Oderus Urungus onstage in 2010. Image: Stuart Sevastos.

Dave Brockie of rubber-costumed metal act GWAR was found dead in his Richmond, Virginia home late on Sunday. Better known by stage name Oderus Urungus, Brockie was 50.

Founder, singer, leader, and occasional bassist of GWAR, Brockie’s career stretches back to 1984. He and fellow Virginia Commonwealth University art students formed what they dubbed “Earth’s only openly extra-terrestrial rock band”, growing famous for satirical and obscene lyrical themes, and live shows featuring the defilement of effigies and plenty of fake blood.

Fellow founding member Don Drakulich, who still makes props and costumes for the rockers, said he was “very sad” and “shocked”. He said Brockie’s roommate found the corpse. GWAR members changed frequently and the band recovered from the sudden death of guitarist Cory “Flattus Maximus” Smoot during a 2011 tour, but the New York Daily News notes “it’s hard to envision their saga going further” after Brockie’s death.

The band ran with the backstory of crashing to “the most insignificant planet in the universe” 43 million years ago before creating humans by having sex with apes. Becoming encased with ice, the legend ran that upon thawing out in 1984 the members decided to form a band.

I am one of the blessed people that gets to do what I love to do for a living

Manager Jack Flanagan announced the death via GWAR’s website, adding a post-mortem will be conducted. “My main focus right now is to look after my band mates and his family” he said. Flanagan said another GWAR member found the body.

Brockie said in 2009 “I am one of the blessed people that gets to do what I love to do for a living.” GWAR received a Grammy nomination in 1993, with Phallus in Wonderland up for Best Longform Music Video.

Fellow Virginia rocker Randy Blythe, vocalist for Lamb of God, paid tribute online, writing on Instagram “When someone dies, a lot of the time people will say ‘Oh, he was a unique person, really one of a kind, a true original’ […] I can’t think of ANYONE even remotely like him.”

He never put much stock in ‘limits’

Blythe also took to Facebook. “Right now, if I were to truly honor Dave in the way HE would do it if it were ME that had died, I would make a completely tasteless joke about his death. But I do not have the stomach for that — Dave would, but not me. He never put much stock in ‘limits’.”

Ex-GWAR guitarist Steve Douglas said on Facebook “I have had a few bad days in my life but this one truly ranks right up there. […] you are gone and it is hurting very badly!” “I wish it was a joke” said another ex-member, Chris Bopst. “Everyone is in shock.”

Former bassist Mike Bishop paid tribute in an interview with Style Weekly. “Dave was one of the funniest, smartest, most creative and energetic persons I’ve known,” he said. “He was brash sometimes, always crass, irreverent, he was hilarious in every way. But he was also deeply intelligent and interested in life, history, politics and art.”

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Edmund White on writing, incest, life and Larry Kramer

Thursday, November 8, 2007

Edmund WhiteAll photos: David Shankbone

What you are about to read is an American life as lived by renowned author Edmund White. His life has been a crossroads, the fulcrum of high-brow Classicism and low-brow Brett Easton Ellisism. It is not for the faint. He has been the toast of the literary elite in New York, London and Paris, befriending artistic luminaries such as Salman Rushdie and Sir Ian McKellen while writing about a family where he was jealous his sister was having sex with his father as he fought off his mother’s amorous pursuit.

The fact is, Edmund White exists. His life exists. To the casual reader, they may find it disquieting that someone like his father existed in 1950’s America and that White’s work is the progeny of his intimate effort to understand his own experience.

Wikinews reporter David Shankbone understood that an interview with Edmund White, who is professor of creative writing at Princeton University, who wrote the seminal biography of Jean Genet, and who no longer can keep track of how many sex partners he has encountered, meant nothing would be off limits. Nothing was. Late in the interview they were joined by his partner Michael Caroll, who discussed White’s enduring feud with influential writer and activist Larry Kramer.

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Wikinews interviews Rocky De La Fuente, U.S. Democratic Party presidential candidate

Thursday, March 31, 2016

De La Fuente at the Lesser-Known Candidates Forum, January 2016. Image: Marc Nozell.

Businessman Rocky De La Fuente took some time to speak with Wikinews about his campaign for the U.S. Democratic Party’s 2016 presidential nomination.

The 61-year-old De La Fuente resides in San Diego, California, grew up in Tijuana, and owns multiple businesses and properties throughout the world. Since getting his start in the automobile industry, De La Fuente has branched out into the banking and real estate markets. Despite not having held or sought political office previously, he has been involved in politics, serving as the first-ever Hispanic superdelegate to the 1992 Democratic National Convention.

De La Fuente entered the 2016 presidential race last October largely due to his dissatisfaction with Republican front-runner Donald Trump. He argues he is a more accomplished businessman than Trump, and attacks Trump as “a clown,” “a joke,” “dangerous,” and “in the same category as Hitler.” Nevertheless, De La Fuente’s business background begets comparisons with Trump. The Alaskan Midnight Sun blog described him as the Democrats’ “own Donald Trump.”

While receiving only minimal media coverage, he has campaigned actively, and according to the latest Federal Election Commission filing, loaned almost US$ 4 million of his own money to the campaign. He has qualified for 48 primary and caucus ballots, but has not yet obtained any delegates to the 2016 Democratic National Convention. Thus far, according to the count at The Green Papers, De La Fuente has received 35,406 votes, or 0.23% of the total votes cast. He leads among the many lesser-known candidates but trails both Senator Bernie Sanders who has received nearly 6.5 million votes and front-runner Hillary Clinton who has just shy of 9 million votes.

With Wikinews reporter William S. Saturn?, De La Fuente discusses his personal background, his positions on political issues, his current campaign for president, and his political future.

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Human Capital Management Solution Significance For An Organization

HRM is the management of a workforce of organization. Its liable for the attraction, assessment, training, selection, and rewarding of the employees in organization, while also overseeing business culture and leadership, and ensuring adherence with labor laws and employment. In situations where employees want and are legally authorized to clasp a bargaining agreement, human resource will typically also serve as the organizations main liaison with the representatives of employees.Human capital management (HRM) can therefore be described as an input in staffs, the ability to run a job with the objective of producing economic value. Human aptitudes are required to tool an organizations idea. Consequently human capital management is non ignorable in an organization. The ability to run a job is gained by a person through experience and learning. An organization can organize training program for the employees and in this approach boost on the talents and skills like presentation, time management, telephone manner, and self evaluation towards set objectives, and in this approach have them get updated on new tools and technologies and thus sustain them on top of the game. An organization can also select to hire adequate personnel. The transformation is necessary for an organization to input health, moral values, education, and also grow sales. This HRM is classified as untouchable capital. The human capital management importance creates the individual undergoing the variation develops a personal growth, feeling of respect, and therefore leads to better performance. Human capital management is very important for business whether it is small or large.Use of tests, also helps an organization monitor the deed of its staffs and in this approach its capable to know whether they required to suggested on certain circumstances. An incentive also helps the staffs to give their perfect; this involves offering awards and perks to the perfect performing staff. Boosting their pathos by letting them know that theyre prominent assets in an organization is also prominent. Human capital management can also be described as the organizations workforce. The workforces processes can be described as the transformation of the power of raw-man resource into productive resource. This boosts to improvement in the productions quantity. It also boosts to loyalty of client, as the clients get to get better services.They makes better hiring decisions as theyre best at identifying the job works they want to be accomplished by an employee, and are capable to identify a resource most suit for the vacancy. They also play an important role in helping new staff members accommodate in the organization. They also promote for retirement advantages for staffs who have been working for an organization. They also make certain that the human capital of an organization adds value to the firm. They have capability of impacting the laying down of employees non-performing. They also are responsible for the good relation of company with the surrounding community.HRM officers also known as the HR officers are essential people in the business, as theyre the links between the organization and the employees. These are most important people in a company as are familiar with the strategic aims of a company, and they also know how to obtain them. So if you want your business to succeed, human capital management is something you cant ignore.

[youtube]http://www.youtube.com/watch?v=qrEtcFQakT4[/youtube]

GM and Chrysler receive Canadian loans amid US restructuring ultimata

Friday, April 3, 2009

General Motors (GM) and Chrysler will receive bridge loans from the government of Canada and the provincial government of Ontario, however no more will be forthcoming from either Canadian or US governments unless the companies can reinvent themselves.

“This is a regrettable but necessary step to protect the Canadian economy. We are doing this on the assumption that we obviously cannot afford either in the United States or Canada a catastrophic short-term collapse.” said Stephen Harper, Prime Minister of Canada.

“We cannot, we must not, and we will not let our auto industry simply vanish. This industry is, like no other, an emblem of the American spirit; a once and future symbol of America’s success,” said Barack Obama, President of the United States. “These companies – and this industry – must ultimately stand on their own, not as wards of the state.”File:Sinsheim quer.jpg

Fuel efficient Fiat Nuova 500 Image: Cordhose.(Image missing from Commons: image; log)

Chrysler will receive CA$1 billion and may in fact be eligible for as much as CA$4 billion. If Chrysler succeeds in the next 30 days with a restructuring plan it would be eligible for a US$6 billion loan. A part of Chrysler’s restructuring plan must include a partnership with Fiat within 30 days to appease the US administration. Fiat is a supplier of smaller fuel-efficient vehicles, and the merger will help Chrysler to be viable in the North American market. A Chrysler court bankruptcy would inevitably lead to it being sold off.

As a part of Chrysler’s restructuring plans, Tom LaSorda, the president of Chrysler announced that Canadian operations would fold if it does not receive both the US commitment of $2.3 billion of aid and a new Canadian Auto Workers CAW contract to reduce all-in costs by CA$19 per hour. As a result of this announcement Chrysler’s auto sales volume in Canada dropped 23% compared to March of 2008.

GM has until the end of May to restructure its company to receive up to CA$7.5 billion. As part of the companies restructuring, General Motor’s chief executive Rick Wagoner was replaced Sunday with Fritz Henderson, the current chief operating officer. Henderson spoke out on Tuesday that GM has submitted a restructuring plan which would close five plants, and this may be increased to meet the requirements for financial aid. He is in full compliance with Obama’s auto task force to seek bankruptcy if GM cannot negotiate with their unions, bondholders and others.

GM recently brought forward the “GM Total Confidence” program providing consumer purchase protection for customers who lose their job for economic reasons within the first two years from purchase. As a result of Chrysler’s restructuring announcement in Canada, GM’s Canadian vehicle sales volume fell only 17.3% compared to 2008, an increase from the previous month.

GM must reduce some of its legacy costs which include its pensions and union health care costs. A part of GM’s ailments arose from investing in supplying truck and SUVs during an economy of high gas prices when consumers were demanding fuel efficient vehicles.

2009 Chevrolet Traverse SUV

Tony Clement, Canada’s Minister of Industry, is hoping that the CAW will support the restructuring process and re-negotiate their agreement. Whereas a United Auto Workers negotiator has said, “I don’t see how the UAW will do anything until they see what the bondholders will give up.”

The Obama administration is looking toward bankruptcy proceedings for the automakers, “as a mechanism to help them restructure quickly and emerge stronger. [It will] quickly clear away old debts that are weighing them down. What we are asking is difficult. It will require hard choices by companies. It will require unions and workers who have already made painful concessions to make even more. It will require creditors to recognise that they cannot hold out for the prospect of endless government bailouts.” said Obama.

The auto parts suppliers and IT software exporters in India have already been affected by the declining auto sales. GM and Chrysler software contracts provide US$300 to 350 million a year to vendors in India. As well these two major automakers usually award US$1 billion contracts to auto parts suppliers. “We are worried and closely watching the developments in the US to gauge the impact. The decline in auto sales in the US has already hit the order books of Indian suppliers,” said a Delhi auto parts supplier.

“Going forward, the industry will undoubtedly be smaller, but if our efforts are successful it will be viable and it will support good jobs for Canadians,” said Clements.

Betty Sutton, Ohio’s Congresswoman put forward the CARS act which provides a US$3,000 to 5,000 incentive for those who trade in their vehicle for a fuel-efficient car. “It clearly stimulates the economy, and it gets the consumer into the showroom and gets them buying again. But importantly — and this is what I particularly like about it — it really helps the environment quite a bit in two respects.” said William Clay Ford Jr., executive chairman of Ford Motor Co.

Ford Motor Company has not come forward with requests for assistance.

Since December GM and Chrysler have received US$17.4 billion government loans.

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Home Improvements: Important Things To Avoid Poor Indoor Air Quality

Home Improvements: Important things to avoid poor indoor air quality

by

Mold Testing Services in and around New JerseyHome improvement

is something that gives you a brand new space to cherish. It is a very refreshing feeling when you get to relax or work in a different space. One thing that we should consider while planning and implementing home improvement task is that we not only aim to beautify our house or workplace. Rather, we need to make it healthier and safer as well. The most vital improvement for a healthier environment inside is the

air quality

perfection.

Breathing quality indoor air

is very significant for good health. In today s world, most of the individuals spend their time inside their home or office or any other building which are rarely ventilated to prevent the air conditioning gas from escaping. And even in such closed environment, many a times we are not cautious enough to prevent

hazardous smoke

and other

air particles

from entering the same environment.

[youtube]http://www.youtube.com/watch?v=9T3xTAJZiNc[/youtube]

This is the case of almost entire world, but for instance we will consider the United States of America. Most Americans spend a significant amount of time indoors, i.e., either in the home, office or other types of buildings where gas, chemical and other pollutants can cause many health issues like headaches, eye irritation, allergies and fatigue. Some serious pollutants can even cause certain types of cancers and other long-term health complications.

Clean air

can prevent many environmental health hazards such as asthma, which according to the US Environmental Protection Agency, affects 25 million people, including 7 million children in a given year. Asthma accounts for nearly 17 million physician office and hospital visits.

How to avoid Poor Indoor Air Quality?

Insist on sufficient ventilation

Buildings should be much more ventilated. Most ventilation systems are designed to bring in very little outdoor air and instead re-circulate the indoor air that has already been heated or cooled. While this strategy is effective for minimizing energy costs, it can have a negative impact on indoor air quality.

Hazardous Chemicals

When we get home improvement done, we should make sure that hazardous chemicals could be avoided. These chemicals can enter our space through furnishings, building materials and other household and office products that can emit thousands of volatile organic compounds (VOCs) and particles into the air

Mold and Mildew

Molds and mildew are fungi that grow on walls, ceilings, corners, etc. due to excessive moisture in the air. This is another common source of indoor air pollution as they can lead to indoor mold growth. Mold can also emit VOCs and particulates, compromising indoor air quality and leading to negative health effects. Since it is impossible to eliminate mold spores, the best way to reduce the impact of mold on indoor air quality is to prevent or promptly repair the moisture problems that enable mold growth. To prevent molds, it is better to consult a

professional mold removal or cleanup company New Jersey

. They have experts for these tasks and they also take due precaution while

mold cleanup service

. They not only clean these fungi, but also make sure they do not come back for harming you or your family s health.

Looking for Most Experienced

Mold Removal Company NJ

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Mold Cleanup Services In New Jersey\’s

,QualityAir Care Provides best Preventive Strategies for both indoors and outdoors Molds,produce allergenic substances.Call For Allergy Relief 1-877-866-7870.

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Jokela High School reopens after deadly multiple shooting

Saturday, November 17, 2007

Jokela School, the scene of the shooting

Jokela High School in Tuusula, Finland, scene of the Jokela school shooting, has recommenced classes. Earlier this month, student Pekka-Eric Auvinen, 18, fatally wounded eight people with his handgun before turning the weapon on himself in the country’s worst ever school shooting. He died later in hospital, having never regained consciousness.

All last week repair teams have been working to eradicate all traces of the event, with large numbers of bullet holes in walls and doors being filled in, broken windows and torn blinds being replaced, and total renovation of one corridor which Auvinen had attempted to set fire to.

Students had previously been permitted into the school last week, in order to collect belongings left behind as they rushed to evacuate the school. On Monday, the school’s 450 pupils began to attend temporary facilities set up at nearby Tuusula Primary School as well as the local church.

An interior window shot through by the killer

Tuusula spokeswoman Heidi Hagman told reporters yesterday that at first school days would be considerably shortened, adding “Today the students will spend time getting used to the renovated and repaired school area.

“Students and teachers are getting support from Red Cross crisis workers and psychologists during the first days of school.”

Esa Ukkola, head of education in Tuusula, spoke to reporters about the fact that students had been shown around the renovated school. “We need to show there is nobody lurking in the cupboards any more. We’re trying to have as normal a school day as possible. There are dozens of extra people to ensure we can do everything in small enough groups.”

The shooting has prompted public anger in Finland at the media attention directed to it, with a feeling that it undermines the placid reputation of the country. People have questioned the decision of a survey last month to designate Finland as the world’s “most livable country”. Psycho-social service manager Anna Cantell-Forsbom from nearby Vantaa has spoken out about her view that the shooting was mainly caused by a lack of psychiatric care available to the Finnish youth and therefore did not reflect on Finnish society. The shooting has also prompted a move by the Finnish government to raise the legal age for gun ownership from 15 years to 18 years.

Finland is expected to set up a commission of inquiry this week to investigate the murders. The government will set aside resources for the ministry of social affairs, health and education as well as the local municipality for the investigation. Meanwhile, local authorities have shown a four-year response plan to the government, asking for five million Euro to fund it. Half will go towards therapy and occupational guidance for affected residents, while the other half would go to school guidance counsellors, psychologists, school healthcare personnel and other experts. The ultimate goal of the plan is the complete recovery of those adversely affected by the shooting.

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“Anonymous” plans to protest Church of Scientology on February 10

Tuesday, January 29, 2008

The Internet-based group “Anonymous” released a new video on YouTube Monday, announcing international protests outside Church of Scientology centers set for February 10. The video “Call to Action” uses the same computer synthesized voice as a previous video titled “Message to Scientology”, which was posted to YouTube last Monday. The “Message to Scientology” video has been viewed over 1,400,000 times, and the “Call to Action” video has already been viewed over 237,000 times.

Anonymous is taking action against the Church of Scientology in response to what it sees as suppression of freedom of speech on the Internet. The group was first motivated after the Church of Scientology issued a copyright infringement claim to YouTube regarding a promotional video of Scientologist Tom Cruise speaking about his beliefs and using Scientology jargon. The Church of Scientology also issued a legal complaint to the website Gawker.com which is also hosting the video, but Gawker has stated it will not take the video down because it is newsworthy.

Anonymous set up a movement called “Project Chanology” to coordinate their efforts, and took down several Church of Scientology websites through denial-of-service attacks. Members of Anonymous have also participated in prank calls to Church of Scientology centers, as well as protests or “raids” outside Scientology buildings, and have posted some of their exploits to YouTube.

Anonymous is a collective of individuals united by an awareness that someone must do the right thing.

In the “Call to Action” video, Anonymous denies that they are composed solely of “super hackers”, stating “Anonymous is a collective of individuals united by an awareness that someone must do the right thing, that someone must bring light to the darkness, that someone must open the eyes of a public that has slumbered for far too long.” The video goes on to state “We want you to be aware of the very real dangers of Scientology,” citing what they term “gross human rights violations”.

Specific controversial events in Scientology history are cited in the video, including Operation Freakout and Paulette Cooper, and Operation Snow White. Operation Freakout was the name of a Church of Scientology operation whose goal was to “get P.C. [Paulette Cooper] incarcerated in a mental institution or jail or at least to hit her so hard that she drops her attacks.” Paulette Cooper had written a book critical of Scientology called The Scandal of Scientology. Operation Snow White was the name of a Church of Scientology operation where members of the Church’s secretive Guardian’s Office infiltrated United States government agencies in Washington, D.C. including the I.R.S. The F.B.I.’s investigation into Operation Snow White led them to discover the planning of actions taken against Paulette Cooper.

The video concludes by inviting the viewer to “take up the banner of free speech” and protest with Anonymous world wide. In an email to CNET News, Anonymous stated that cities where unknown activities are planned on February 10 include New York City, Montreal, Houston, London, Melbourne, and Los Angeles.

On Friday, two spokespersons for the Church of Scientology commented on the recent actions of Anonymous. A spokesman told News.com.au “These types of people have got some wrong information about us,” and Church spokeswoman Yvette Shank told Sun Media that she regarded members of Anonymous as a “pathetic” group of “computer geeks”. On Monday, Radar reported that the Church of Scientology has asked the U.S. Attorney General‘s office in Los Angeles, the F.B.I., and the LAPD to start a criminal investigation of possible criminal activity related to the Internet attacks. A source told Radar that the Church of Scientology is arguing that the Internet attacks are a form of “illegal interference with business.” Radar also reports that the Church of Scientology is emphasizing its status as a religious organization in the United States, in order to assert that the Internet attacks can be classed as hate crimes.

I’m mainly concerned because you shouldn’t be doing things that are illegal, you just shouldn’t.

On Saturday, Mark Bunker of the website XenuTV.com posted a video to YouTube criticizing the illegal actions of Anonymous and suggested legal methods for them to retaliate against the Church of Scientology, including peaceful protesting, writing letters to their government representatives, and persuading the United States government to take away the Church of Scientology’s tax exempt status. In the video, Bunker states “I’m mainly concerned because you shouldn’t be doing things that are illegal, you just shouldn’t. It’s not morally right, and it’s not right when Scientology does it, it’s not right when we do it.” Bunker’s video post has been viewed over 156,000 times. On Sunday, Bunker posted a follow-up video to YouTube where he gives advice to Anonymous on how to peacefully picket. He also provides viewers with resources and weblinks to more information on how to hold a peaceful protest. He concludes this video by imitating Obi-Wan Kenobi‘s Jedi mind trick technique and voice from Star Wars, stating “And if I may, as Obi-Wan, tell you: You will do nothing illegal “.

 This story has updates See Wikinews international report: “Anonymous” holds anti-Scientology protests worldwide 

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Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014

Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.

Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds of millions of dollars lost. The Senate enquiry called for a Royal Commission into the bank, and the Australian Securities and Investments Commission (ASIC).

Mr Narev stated the bank’s performance in providing financial advice was “unacceptable”, and the bank was launching a scheme to compensate clients who lost money due to the planners’ actions.

In a statement Mr Narev said, “Poor advice provided by some of our advisers between 2003 and 2012 caused financial loss and distress and I am truly sorry for that. […] There have been changes in management, structure and culture. We have also invested in new systems, implemented new processes, enhanced adviser supervision and improved training.”

An investigation by Fairfax Media instigated the Senate inquiry into the Commonwealth Bank’s financial planning division and ASIC.

Whistleblower Jeff Morris, who reported the misconduct of the bank to ASIC six years ago, said in an article for The Sydney Morning Herald that neither the bank nor ASIC should be in control of the compensation program.

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