Outsider embraces training

3 April 2015
| By Outsider |
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Outsider normally avoids public transport believing that a man of his girth and advancing years is better served travelling in a taxi than a charabanc or train. However, a recent trip into the city from Money Management headquarters has him revising his views on the value of travelling with the great unwashed.

There was Outsider sat comfortably in the train carriage and minding his own business when he hears a loud voice, evidently projecting into a mobile phone, telling someone about what information had been provided to a certain media outlet regarding financial planning practices at a certain large bank.

While Outsider thinks it rude to eavesdrop, he was nonetheless all ears at this conversation and was greatly annoyed when the chap making the call exited the train at one of the larger stations on Sydney's lower north shore.

Your correspondent later noted that much of what he gleaned from his eavesdropping was later revealed to the Senate Economics Committee sitting in Melbourne, but he doubts the good members of that committee are as intimate with the antecedents of that information as Outsider now is.

It may, of course, be coincidence but one of Outsider's financial services acquaintances told him of overhearing a similar conversation on a Sydney north shore train last year concerning another major bank.

Hardly surprising that Outsider has traded in his Cabcharge for an Opal card.

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