After Macquarie Group’s funds management expansion in the US, it’s about time all guarantees from the Federal Government are taken off the table.
Challenger financial group
Frozen redemptions — it all comes down to too much debt
If Kevin Rudd wasn’t obsessed about buttering up media moguls he would probably launch an attack on Challenger Financial Group today, writes Stephen Mayne.
Teetering trio becomes “the leveraged eleven”
The teetering trio – Centro, MFS and Allco – are not alone it seems. Indeed, the cascading credit crisis means we’ve already gone past “the sagging seven” and are now looking at a “leveraged eleven”. Stephen Mayne provides an around the grounds summary.
