Here's a rather interesting article by Michael West from the SMH regarding Eddy Groves:
"The corporate watchdog that just won't bite"
"The kerfuffle over Eddy Groves is a PR job by the regulators and we, the media, are willing accomplices. The cowboy-boot-shod child-care king has yet to be charged with a single offence, though he's been in the press over the past few days as a "flight risk". "
I don't know much about the collapse of ABC but I'll be watching with interest with what lies ahead.