Murphy was requested to tie his super fund to his other trading accounts to stop Opes from defaulting on their agreements.
If he had been margin called at that point forcing him sell all his stock Opes might have been saved. CGF shares could have exited at about $2.50 and Chris would be out of the market - the rest would have been OK however.
What sort of moron allows a margin loan of 95%! You can't get that on property these days!
Just goes to show, no matter what happens in finance, it's easier to borrow $100M for those in the inner circle than it is to borrow $500K for normal punters.
