bonza, totally agree.
However, complicated as it may have been, we shall see the true picture in the chain of events that led to the sp crash.
After all I have read, there was never any distress with Allco, up until the margin call. Please confirm. So in time we shall see who has blood on their hands.
I'll guarantee you this - as of this week, all super funds and related entities are going to have very busy risk management & audit departments. With ASIC weighing in on the hedge fund issue, they'll be making sure they can account for every single share.
http://www.news.com.au/business/story/0,23636,23223696-14327,00.html
bonza, totally agree.However, complicated as it may have been,...
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