'Pump and dump': Macquarie Bank accused of 'cowboy' behaviour
http://www.abc.net.au/news/2018-02-...ed-of-pump-and-dump,-cowboy-behaviour/9474696
Macquarie Group is accused of running a "pump and dump" scheme, and its workers allegedly engaged in "cowboy" behaviour.(Supplied AAP)
"You've been Macquarie-d!"
That's what Cleveland Mining Group director and investor Glenn Simpson was told by brokers about the implosion of his company, which is being examined in a Senate inquiry.
That's when he knew: "If this is what they're doing, they're probably doing this to other companies."
In the news
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