Margin call


Owen Hegarty’s $1 million margin call bonanza

For those who claim that corporate governance is an irrelevance, look no further than the sordid tale of Oz Minerals, writes Adam Schwab.

The Macquarie Fortress has been breached

It had to happen sooner or later. Macquarie Group, the house that debt built, has suffered its first major debt implosion with the $300 million Macquarie Fortress fund copping a margin call that triggered a fire sale which has destroyed much of the equity value, writes Stephen Mayne.

Trial by media for Tricom as ANZ emerges as major villain

Tricom managing director Lance Rosenberg has every reason to be upset with the regulators and media today, but his firm’s fall from grace provides an abject lesson in reputational risk management and public relations, writes Stephen Mayne.