The Ten Network is in the middle of some major changes with Macquarie Media and 81-year-old Bruce Gordon set to emerge as major shareholders. Seriously.
Macquarie Group
Macquarie Airports’ mid-air collision
Looking at the gruesome scene evolving at Macquarie Airports Group is not altogether different from driving past a multi-car pile up, with the unit holders playing the crash victim roles.
Fourteen more join the billion dollar loss club
The numbers are in and it’s now official: 2008-09 was the worst profit season in Australian history. Who would have ever thought 14 different companies could lose more than $1 billion in a single financial year?
Millionaire Factory turns corporate dud club
It takes a lot of talent to better the likes of Rodney Adler, Ray Williams and the other incompetents who gave Australia its biggest ever corporate loss, but this is exactly what Macquarie Bank has done.
Macquarie makes a mockery of bank guarantee
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.
Masterchef tips the scales when it comes to Ten’s revenue raising
It’s marvellous how a program like MasterChef can change hard-bitten bankers and brokers at Macquarie from being sceptics into believers and volunteering to put their money where others might baulk.
The charmed life of investment bankers
The life of an American investment banker is one long gravy train, unequalled anywhere else in the world. So you can understand why they are so desperate to maintain their lifestyles and keep their bonuses.
Morning Market Report: Market up and cautiously optimistic
Market is up 10, after being down 29 at one stage. The Dow closed down 11 overnight.
Short-selling ban comes up empty
ASIC announced this morning that it had lifted the ban on “covered” short selling.
Morning Market Report: A quiet day on the markets
It was all quiet in our markets, down 5 points, with Macquarie posting weak results.
Macquarie profits take a dive
The Macquarie Group’s full-year profits have fallen 52%, their first profit loss in 17 years.
Bank DeathWatch: Fifty-six fatalities and counting
A total of 56 US banks have now failed since the global credit crisis and recession erupted in 2007.
The BrisConnections bolt from the blue
A resolution of the BrisConnections mess is inevitable, despite Nicholas Bolton’s opportunistic $4.5 million vote sell-off.
Macquarie’s secret debt buy-back revealed
Macquarie and IAG are running a nice little lurk at the moment, taking advantage of the GFC and buying back previously-issued debt at a discount, writes Glenn Dyer.
Macquarie’s curious Canadian bedfellows
Just what game is Macquarie Group playing with its attempts to sell Macquarie Communications Infrastructure Group? asks Glenn Dyer.
Morning Market Report: Dow Jones down 254
Marcus Padley reports on the highs and lows of today's markets.
‘Max the axe’ to sort O’Farrell’s infrastructure
Macquarie Bank has spread its tentacles even closer to the heart of NSW, writes Glenn Dyer.
Macquarie’s stress test
Why would the manager of a fund like MIG, which last year paid Macquarie $56 million in management fees, leave itself open to losing management control asks Tony Boyd.
How The Australian disgraced itself over Macquarie
The Australian delivered a third straight day of outrageous reporting on Macquarie Group this morning, but has already started backing off after the stock soared 31% in morning trade and numerous commentators attacked, writes Stephen Mayne.
Macquarie didn’t “game” the ECB after all
Macquarie Bank claims it didn’t try to “game the European Central Bank” as Crikey stated in stories published earlier this week. By Glenn Dyer.
Macbank-ECB loan may give other Aussie banks ideas
Macbank’s clever dealing with the European Central Bank may have shown others looking for a way through the credit crisis, writes Glenn Dyer.
BrisConnections confirms that “this is an ex parrot”
The Briscconnections sharemarket debacle yesterday turned the spotlight — again — on the Macquarie model, writes Stephen Mayne.
The AFR’s Nicholas Moore hagiography
This week’s been a love-in between Macquarie Bank and their star client, Jamie Packer. The AFR ladled the love today in a hagiography of Mac Group CEO Nicholas Moore.
Macquarie model not dead, just resting
The Macquarie Model broken? Not according to the Macquarie Group’s bosses. Stephen Mayne reports on yesterday’s AGM.
Macquarie vs Stephen Mayne: a prematch preview
Shaerholder activist and Crikey founder Stephen Mayne will attend today’s Macquarie Group AGM at Melbourne’s Crown Casino. Here’s a preview of the questions he’ll be putting to the board.
