Grown Ups In The Finance Industry

Two Macquarie Group executives repeatedly drugged a colleague with valium and laxatives during a business trip to South America in a “malicious” attempt to discredit him. Within hours of the dangerous prank, several photographs of the unconscious man had been emailed from Chile to Australia, where they were circulated among Macquarie stockbrokers in Melbourne and…

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Ban Short Selling….Are You Mental?

Apparently Australian Stock Report is circulating a petition to ban short selling. The rationale for this is as follows – Recently, we have seen billions of dollars wiped from global and Australian equities markets in part due to the practice of Short Selling. This predatory trading technique is often executed in conjunction with algorithmic “bot trading”…

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