Business
Hempton lashes Deutsche link to new ASIC chair – The Australian Financial Review
Bronte Capital founder John Hempton has lashed the appointment of ex-Deutsche Bank general counsel Joseph Longo as Australia’s top corporate cop.
Mr Hempton was also a colleague of deputy ASIC chairman Karen Chester, who was vying for the chairmans position but lost out to Mr Longo, when both were working at the Treasury in the 1990s.
The only real support for this I can find comes from James Mawhinney from the collapsed and questionable Mayfair Platinum, who thinks this appointment is great news. That said the appointment is made and many a poacher turns gamekeeper to great effect. I have my fingers crossed.
Deutsche was embroiled in controversies…
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