Today
Off-duty pilot who tried to cut engines mid-flight ‘took mushrooms’
State prosecutors in Oregon have filed 83 counts of attempted murder against Alaska Airlines employee Joseph David Emerson.
- Claire Rush
Glen Point Capital’s Neil Phillips found guilty of FX fraud
The former hedge fund executive faces a maximum of 10 years in prison but will have to wait until March 14 to hear his sentence.
- Chris Dolmetsch, Carter Johnson and Greg Farrell
This Month
IAG to be hit with more Greensill-related insurance claims
US financier White Oak will allege that the insurers became aware in early-to-mid 2020 that there was, or might be, a problem with some policies.
- Jenny Wiggins and Liam Walsh
How SBF ‘spent billions’ in customer funds before FTX collapse
Court documents show Sam Bankman-Fried and his associates spent voraciously on investments, donations and real estate even in the crypto exchange’s final months.
- Yueqi Yang
FX firm Convera says bullying claim ‘vague, misdirected’
Convera argued the allegations reflected ‘grievances on the part of the applicant that are variously vague, misdirected and irrelevant’.
- Lucas Baird
That’s a rap: raucous send-off for new High Court judge
Robert Beech-Jones once left fellow judges “awestruck” with a Christmas Party rap, and he admits not being the best writer in the family.
- Michael Pelly
Morgan Stanley FX head testifies bank restricts barrier trades
The investment bank does not permit spot trades intended to move the underlying rate or to trigger a barrier rate.
- Chris Dolmetsch and Carter Johnson
Glen Point trial reveals Morgan Stanley tried to buy back option
Morgan Stanley offered to buy back the option on December 18, 2017, starting at $US9 million. Three hours later, the bank said it was willing to pay $US13 million.
- Chris Dolmetsch and Carter Johnson
- Opinion
- Chanticleer
‘It’s bad’: The 9.23pm moment ANZ’s $2.5b deal crumbled
Hedge funds screaming down the phone, 2.26am emails to the client, billions of dollars at risk and a late night “Oh, f---” moment. Justice Mark Moshinsky reveals what it was like inside ANZ’s deal room.
- Updated
- Anthony Macdonald
Glen Point trial casts Morgan Stanley as hedge fund’s victim
The case against Phillips focuses on a frantic one-hour buying spree of the South African rand that began in the waning minutes of Christmas 2017.
- Greg Farrell and Carter Johnson
Government settles climate risk to bonds case, makes a key concession
To settle a case, Treasury recognised risks to the value of sovereign bonds from global warming, which a judge warned could be “a huge drain on Commonwealth resources”.
- Hannah Wootton
Ex-girlfriend says Bankman-Fried wanted to be US president
Former colleague Caroline Ellison also told a court that the FTX founder directed her to commit fraud before his cryptocurrency empire collapsed last November.
- Ken Sweet and Larry Neumeister
Former BBY chief charged
Each offence carries a maximum penalty of as much as 10 years imprisonment for Arunesh Narain Maharaj.
- Lucas Baird
‘Serious problems were afoot’ at Greensill’s Australian insurer
Marsh McLennan breached its own code of conduct by failing to warn White Oak of issues with Greensill’s Australian insurer, courts have been told.
- Jenny Wiggins and Liam Walsh
Santos to provide assumptions for net zero in greenwashing case
The oil and gas producer has been asked to provide sworn statements by November 24 on the assumptions behind its emissions targets as part of a greenwashing case.
- Angela Macdonald-Smith
Ex-Trump staffer Scaramucci among possible SBF trial witnesses
He joins Joseph Bankman and brother Gabriel Bankman-Fried on a list of potential witnesses prosecutor Danielle Sassoon read in court during july selection.
- Jody Godoy and Luc Cohen
September
- Updated
- Woodside Energy Group
Indigenous win on Woodside’s Scarborough testing approvals
The Federal Court decision is the latest blow to the controversial $16.5 billion gas venture and may spell further trouble for other offshore project approvals.
- Updated
- Angela Macdonald-Smith
Consulting firm McKinsey to pay $362m in latest US opioid settlements
Hundreds of US local governments and school districts alleged it fuelled an epidemic of addiction through its work for bankrupt OxyContin maker Purdue Pharma.
- Nate Raymond
Trump defrauded banks, insurers while building real estate empire: judge
A judge has ruled the former president deceived banks, insurers and others by massively overvaluing his assets and exaggerating his net worth on paperwork used in making deals and securing loans.
- Michael R. Sisak
‘Corrupt’ Berejiklian takes ICAC to court
Gladys Berejiklian says the ICAC neither had the authority nor the evidence to make findings of corruption against her.
- Michael Pelly
