MADOFF: Complaints made to SEC nearly ten years ago

Someone figured out Bernie Madoff’s $50 billion Ponzi scheme fraud years prior to it coming out and complained to the authorities as early as 2000. Amazing reading.

CHEWED UP: Show fear to Gallery raptors and they will rip you apart and feast upon you with glee

Canberra can be a rough town. Look scared and you could be killed.

OUR SOL: Greedy man gobs off to government over GST

Solomon Lew has lost hundreds of millions of dollars due to his poorly timed takeover of Just Group. His solution: a $30 billion tax cut designed to pour loot into his coffers.

IN CRISIS: Fairfax Media’s biggest shareholder on brink of financial collapse

Fairfax Media’s biggest shareholder is on the verge of being sold up due to its crashing share price. The company is trading miserably. Vultures are circling. Irish eyes are - indeed - smiling as Australia’s most evil left-wing media empire is on its knees.

BEAT-UP: The Age gets very excited about not much about share registries

Today’s Age is very excited about the fact that you can easily register shares in a false name. True enough and hardly news but is it even worth worrying about given that the authorities keep track of tax obligations and such…

BANKERS: Banks slug poorest hardest

While the official cash rate has come down dramatically, the real cost of money that many people are paying has not. Interest rates on credit cards, personal loans and small business loans are staying stubbornly high. GE Money hasn’t cut…

FALSE PROPHET: Lew’s "prediction" boasting gets roasted by The Australian

The Australian’s Rebecca Urban seems unimpressed by Premier Investments’ chairman Solomon Lew’s claims that he had “predicted a financial crisis”:

Solomon’s dire prediction

BEHOLD the Nostradamus of Collins Street — Solomon Lew.

“If you go back to the last day of…

OPINION: Insurance market the next domino to fall?

The US government has nationalised into state ownership the world’s biggest insurer AIG. Insurers collect money or premiums from those seeking to manage risk with ‘insurance’. Insurance companies then invest the funds to maximise their ability to discharge any obligations…

MACBANK: Insiders bail

Former Macquarie Bank CEO Allan Moss dumped shares in the company he ran until late May in the months after, avoiding the collapse in the high-flying bank’s fortunes.

He sold nearly $19 million of stock, saving himself at least $10 million.

Good…

GONER: Councillor forced to leave bank job after email race jibes exposed

Whitehorse councillor Peter Allan has learned the hard way that racially vilifying “Yanks” and Chinese from your National Australia Bank work email can lead to a serious case of separation anxiety.