From the Crikey grapevine, the latest tips and rumours …

CBA's bad week could be getting worse. This morning, while the Commonwealth Bank was "punishing" its CEO and executives, Sydney fund manager Steve Johnson (he runs Forager Funds) raised another and more serious problem for CBA and all other Australian banks raising money offshore, especially in the US -- the damage these money-laundering claims can do to the reputation of the banks and their cost of funds. He warns that banks and investors of all types and sizes that have lent money to CBA and other Australian banks are now potentially at risk for their dealings with a bank that clearly has not had a compliant money-laundering policy or controls: