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Banks signal interest in a return to financial planning
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Govt must stop outsourcing policy detail to the regulators
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Ethics professor Justin OâBrien sorry for collapse in Trust
The former ethics and governance professor of The Trust Project is taking stock in Byron Bay after his professional life collapsed amid claims of unethical conduct, unpaid bills and corporate missteps.
Former Monash academic Justin OâBrienâs profile has collapsed after he was investigated over an expenses rort, chased down for unpaid debts and charged with criminal assault and malicious damage of property.Â
Mar 17, 2021 â 12.00am
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In January this year, Justin OâBrien sat down and sent Greg Medcraft a note to his personal email.
âDear Greg, as you are no doubt aware I have had a torrid time,â OâBrien wrote.
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Legal heavyweights say the corporate regulator should investigate whether any Crown directors allowed criminal activities to flourish at the gambling giant, in a potential breach of their duties to shareholders.
Former Supreme Court judge commissioner Patricia Bergin SCâs excoriating report targets a corporate culture at Crown that was ignorant or indifferent to the hundreds of millions of dollars that criminals were laundering through its accounts, and to the regulatory risk of operating in China that led to 19 employee arrests; that misled the board; and allowed James Packer to operate arguably as a de facto director.
Prima facie case against directors
Wolves in fleece jackets: Gen Z faces dark side of Reddit rebellion
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Day trader and freelance writer Will Bennett might not look like a rebel, but he is part of an army of Gen Z retail investors shaping markets and rocking hedge funds.
Bennett, 26, is one of the thousands of younger traders who have banded together in recent weeks to storm the “Bastille of Wall Street”, as he puts it, and put a stop to short sellers preying on companies and retail investors.
Will Bennett helps moderate a popular Facebook trading forum.
Credit:Arsineh Houspian
“The people who run the world are having a taste of their own medicine now,” he says. “It’s not such a closed game any more. It’s the democratisation of the markets.”
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