City of Swan recovers some Lehman funds

The City of Swan has recovered some of the funds invested in collapsed investment bank Lehman Brothers Australia.


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Why did the CoS invest in pie in the sky shister invesments. Its my money. Put the money in a bank or federal bonds. Also how much did it cost to get the funds back. Of course better than nothing.

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Total revenue

3rd↑City of Wanneroo$188.4m
5th↓City of Swan$178.5m
7th↓City of Joondalup$150.2m
8th↓City of Cockburn$139.6m
140 local governments ranked by total revenue

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