Dispatches: Former Mac banker admits insider trading
The day before he was due to be released from jail after a six-month sentence for contempt of court, the former Macquarie Bank associate director Oswyn De Silva has pleaded guilty to insider trading. (The Age)
Talk to legendary Goldman Sachs chief economist Jim O'Neill and it's hard not to get even more bullish about Australia's China boom. But it also can increase nervousness about how much more leveraged we're becoming to it. (The Australian)
Virgin Money will enter the life insurance market in an alliance with Tower Australia, the companies announced today. The introduction of life insurance products by early 2011 represents a broadening of Virgin Money's current insurance portfolio, Virgin Money Australia managing director Matt Baxby said. (Business Day)
