Frankly, it is not Opes that is to blame (assuming their was no impropriety). It is the market, the regulators and the individuals that have NFI that must get the blame for this unwinding train wreck that has effected so many of us.
Chris Murphy, who is now crying poor, as implied by some media commentators, has NFI.
Do you think we are entirely stupid that because your margin calls were possibly covered up that you had NFI?
Had you done your sums?
Did you know why you weren't called and why?
Did you bury your head in the sand and think that Opes has no idea what they are doing?
After reportedly being $190m net worth, I am sure you had no idea? Right? LOL
It'll all come out and it will be ugly.
It comes down to the NFI crowd that endeavoured to climb Mt Everest, and soared past her peak like Icarus that fell and possibly was ornamented in Madame Tussauds.
History will tell.
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