The first strike by shareholders is a wake-up call for the management, which must now restore investor confidence or risk the prospect of another showdown next year.
The view from the top may be blinding, but even the so-called Millionaires Factory isn’t immune to scrutiny. Macquarie Group’s hubris is now colliding with its growing litany of regulatory failures.
The Australian Financial Review’s succinct take on the principles at stake in major domestic and global stories – and what policy makers should do about them.
