The appointment of former Queensland Labor premier Anna Bligh as CEO of the Australian Bankers' Association (ABA) is a desperate public relations ploy by the Big Four Australian banks to head off a looming royal commission into their crimes and misdeeds.
It seems unlikely to succeed, given the anger in the community against the Big Four 鈥 the Commonwealth, National Australia Bank, Westpac and ANZ 鈥 and their systematic gouging of the general public.