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When this finance journalist was (briefly) a court typist, he had one favourite judge who often liked to say “a sword dangles above your head” when delivering sentencing remarks to those narrowly avoiding prison. And to use that saying, this week, ASIC is dangling a sword over the heads of two large ASX companies – firstly, QBE Insurance (ASX:QBE), and secondly, WA-based iron ore and lithium miner Mineral Resources (ASX:MIN). So what’s going on? Let’s start with QBE. This week (fun fact, we’re in week 43 of the year – there’s 9 left) has seen ASIC take QBE to court with a lawsuit announced on …

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