From all reports David Coe was a generous man, loved by friends and family, who died too young. But that doesn't change the fact he presided (and personally benefited) from a massive corporate collapse.
While US authorities have taken legal action against failed companies, ASIC, Australia’s so-called corporate watchdog, has laid no criminal charges and only a smattering of civil actions against the villains of the GFC.
One of Crikey’s all-time favourite corporate directors, Elizabeth Nosworthy, fronted the Babcock & Brown liquidators hearing in Sydney’s Federal Court yesterday and remained steadfast in her own abilities.
The so-called global economic recovery doesn’t seem to be rubbing off on Macquarie Group.
While the Babcock & Brown circus continues in the Sydney Federal Court, business commentators seem to be missing the point.
Phil Green is having his day in court. Well not really. Yesterday was actually the first day of a public examination of Babcock & Brown by the company’s liquidators.
The largest shareholder in Everest, Wingate Financial Services, recently sent a letter to other Everest shareholders encouraging them to vote against the incumbent directors.
US newspapers are feeling the pinch as circulations continue to drop, Joe Hockey and Tony Abbott launch predictable responses to the government's wholesale changes to the business of financial advice and other business news.
The attacks on proxy advisers stepped up once more last week after two corporate partners from law-firm Mallesons penned an op-ed piece in the Financial Review.