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Myriam Robin

Lindsay Fox’s Armaguard wants a bailout that isn’t called that

Linfox are “not beggars”, and Armaguard doesn’t want a cent, its leaders say. Hang on, what?

The worst thing about billionaires asking for money is that they’re really, really bad at it.

These are people whose underwriting of every outing is assured. From luxury cruises for their friends to shots of the finest whiskey to lifts on their helicopters, everything is always on them. It must be entirely uncomfortable to consider anything else.

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Myriam Robin is a senior writer based in the Melbourne newsroom. She has previously been a Rear Window columnist and editor, and before that reported on financial markets and media. Connect with Myriam on Twitter. Email Myriam at myriam.robin@afr.com

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    Original URL: https://www.afr.com/rear-window/armaguard-s-top-bailout-demand-don-t-call-it-a-bailout-20240409-p5fifd