opes:circular irony, page-91

This article is well worth a read as it gives some insight into what is wrong with the system:

Excerpt:

http://www.theaustralian.news.com.au/story/0,25197 ,23448339-5012439,00.html

"One of the most striking ironies in all of this is that NAB boss John Stewart is guaranteeing the assets that one of his subsidiaries is lending to the very hedge funds that he complains are damaging his share price.

It is not known if Opes Prime borrowed stock from NAB's custodian business to lend to hedge funds because NAB didn't know. But if it did, any stock it has lent out to Opes Prime will be in the hands of the creditors, and like all other parties that have done business with Opes Prime, it will become a creditor."

Also:

"If Tricom and Opes Prime represents the worst side of greed, lack of transparency and poor regulation of the Australian financial system, then they are the first of many yet to be exposed."

So if Tricom/Opes are the 1st of a list - who may yet to be exposed?