opes prime lent huge amounts of ABS stock to a hedge fund who was exploiting a market inefficiency because fast eddy had so many on margin, unfortunately the trade worked so well that the poor punter that originally owned all the abs stock was unable to pay his margin call when opes prime came knocking on his door.. this started an unfortunate chain of events which led opes prime into administration due to its very own business model of shafting its primary clients by lending their "own" stock so that others could bet against them....
this is some twisted sh.... time for bed ive had too many drinks...
