ABC Learning: the full story

Test for ABC board
Robert Gottliebsen, February 29
Eddy Groves has always said that if there is bid for ABC Learning he would try to privatise the company or arrange a higher bid. That's exactly what he's doing now, but the ABC will still have to decide whether Eddy should stay on.

Parents should not fear ABC closure
Robert Gottliebsen, February 28
Parents and staff at ABC centres should be not be concerned, at least for the medium term. But Australia's security regulators must act on margin borrowing by directors and stock lending by fund managers.

Back to school, Eddy
Alan Kohler, February 28
Eddy Groves and ABC Learning Centres can survive, but Groves must learn lessons about burning too much cash, carrying too much debt and presenting terrible accounts.

ABC founders do their dough
Giles Parkinson, February 27
ABC Learning has confirmed Eddy and Le Neve Groves were forced to sell around half their holding on Tuesday.

The ASX awakes
COMMENTARY:The ASX should have suspended ABC Learning yesterday. It took a request from ABC to get it to take action, but perhaps now we'll discover the state of Eddy Groves' own affairs.

Why ABC copped a kicking
Alan Kohler, February 27
The raid on ABC Learning highlights how conflicted and inadequate a regulator the ASX is, but it also serves as a warning for companies standing on equally shaky legs.

When hedge funds attack
Stephen Bartholomeusz, 26 Feb 2008
The kind of short selling that hit ABC Learning today is destructive and ugly. Institutions that lend stock to short sellers at the expense of other clients deserve particular scrutiny.

A surreal day
James Thomson, 26 Feb 2008
Eddy Groves says watching $61 million wiped off the value of his stake in ABC Learning has been "surreal". Exactly why the stock was hammered is unclear, but Groves suspects mischief.

ASX trips again on ABC
Robert Gottliebsen, 26 Feb 2008
The ASX should have suspended ABC Learning Centre shares when chief executive Eddy Groves refused to say whether he had received a margin call.

Playtime's over for Eddy
James Thomson, 25 Feb 2008
ABC Learning Centres boss Eddy Groves was feeling the pinch well before the release of his first-half profit results. Now the entrepreneurial empire-builder could even lose his spot on the rich list.