ANZ Bank is certainly attempting to mount a rearguard action to rebuild its reputation after the Opes Prime fiasco, writes Stephen Mayne.
Opes prime
Briefly Business: Babcock and Brown, Destra, Opes Prime
Babcock and Brown’s broadband bow out. The investment bank, Babcock and Brown, has ruled itself out of bidding for the Federal Government’s broadband network, a move said to be a “blow” to Canberra. It’s not hard to work out why Babcock isn’t interested: it’s in Australia, not in Britain or Europe where it can quite […]
Revealed: How ANZ cleaned out 500 accounts without warning
As ANZ struggles to clean up the Opes Prime mess, today Crikey can reveal a new blunder, writes Stephen Mayne.
The Chris Murphy editorial that wasn’t delivered by The Parrot
You can just imagine the high-pitched screeching in one of those feral 2GB editorials, but unfortunately, Alan Jones doesn’t treat news on its merits, writes Stephen Mayne.
The Sheet: Hysterical end to the long boom
There can be no more certain indicator of the end of the boom than the muddled analysis of the Opes Prime and ANZ affair, writes Ian Rogers.
Underbelly goes Opes: What game is Big Mick Gatto playing?
Mick Gatto’s Opesbelly party trick was just a PR stunt to put the frighteners on witnesses thinking of rolling over in a forthcoming murder trial, write the Kooka Brothers.
Chris Murphy: “I’m no fool”
The man who some blame for the Opes Prime collapse, Sydney lawyer turned day-trader, Chris Murphy, has taken issue with an article regarding his woes, writes Adam Schwab.
Time for ASX, ANZ and friends to start writing Opes Prime cheques
Opes Prime creditors who still believe they are only going to get 30c in the dollar, should buy The AFR today because it will cheer them up no end, writes Stephen Mayne.
Your Say: Daily Mail readers' feedback: Comments, corrections, clarifications, and c*ckups
An Opes Prime Royal Commission … Linda Hornsey and the 2020 Summit … John Button … China and Tibet … The West Australian … Brendan Nelson …
What will happen to Chris Murphy?
Colourful Sydney lawyer and self-professed gun share trader, Chris Murphy, has had better months, writes Adam Schwab.
Twenty years on we’ve got another Last Resort Laurie
Opes Prime is the most bizarre financial drama we have seen since the last great market clean out two decades ago: Rothwells and ‘Last Resort’ Laurie Connell, writes Glenn Dyer.
Contagion spreads as Lift Capital goes under
As a debt-addicted nation, any sort of global credit or liquidity crisis was always going to hit Australia hard, writes Stephen Mayne.
Tips and rumours
Tony Mokbel and Opes Prime. According to a lawyers acting for one of the lending banks, apparently the Opes Prime crisis has been precipitated (at least in part) by the involvement of a huge amount of Tony Mokbel’s money which has been invested in or through Opes (using offshore companies or nominee accounts of course). I have […]
Let’s just say this again: It’s time for the Opes Prime Royal Commission
There’s only one way to reveal the underbelly of the Opes Prime collapse, writes Stephen Mayne.
Does Opes spell unconscionable?
Could another type of legal claim be filed against ANZ? wonders Adam Schwab.
Joining the dots between Gatto’s crew and Opes Prime
Mick Gatto’s efforts on behalf of aggrieved Opes Prime investors have a lot of the players running scared. Stephen Mayne joins the dots.
If Mick Gatto is the answer, bring on the Royal Commission
As if Australia’s financial regulators weren’t damaged enough, now we’ve Mick Gatto brazenly parading for the media as an alternative debt collector for Opes Prime victims, writes Stephen Mayne.
Crikey Says: Crikey Says
The failure of the Opes Prime group and the daily disclosures of conflicts of interest, poor administration, indifferent regulation and the overriding air of collusive secrecy, is enough justification for an inquiry into the Australian financial markets.
Your Say: Daily Mail readers' feedback: Comments, corrections, clarifications, and c*ckups
Opes Prime - more than meets the eye … homeschooling … carbon dioxide sequestration … Rudd’s diplomacy … the ABC …
What a difference a vowel makes: Opis Capital in damage control
Opis Capital, the unfortunately named Melbourne fund manager, is scrambling to dissociate itself from the Opes Prime disaster, writes Michael Feller.
Your Say: Daily Mail readers' feedback: Comments, corrections, clarifications, and c*ckups
2020 Summit … Wayne Carey … Rudd and Russell Crowe … Earth Hour … household debt … justice for all …
Kohler: Tricom left in the lurch
It is hard to imagine how Tricom could fill the hole that would have been left in its capital by the failure of Opes Prime, writes Alan Kohler.
Opes chairman in victims’ sights
There is collateral damage all over the place in the Opes Prime collapse and even doyens of the establishment are now being dragged into it, writes Stephen Mayne.
Time for Chris Murphy to face up to reality
Opes Prime’s biggest client Chris Murphy has already lost his fortune and is now about to be seriously put through the ringer in the full glare of the media, writes Stephen Mayne.
Tips and rumours
Apparently, the Department of the Prime Minister and Cabinet have asked for volunteers within its Department to take notes at the 2020 summit. That’s volunteers … i.e. unpaid work over a weekend. They are selling it as a great development/career opportunity. Fabulous!
Those hoping for a night of the long knives scenario in the senior ranks of […]
