The Perfect Storm - Financial Nest Eggs - 1/3

[Catherine]

The global financial crisis has affected us all. For these mums and dads featured in this story, they put everything into Storm Financial, and lost it all, something which could have happened to any of us.

Now they've seen Storm's boss face the music, but they still have the debt a lot of them have no way to pay off.

Click here for story transcript and video.
Click here for the letter from the Commonwealth Bank.

[Catherine]

I am surprised at the amount of debt some of these people now have. I would like to think that if a financial adviser told me to mortgage the house and put the money into them to take care of, I would be refusing.

But then if everything was going well, or seemed to, I could be fooled.