The Europeans are tying themselves in knots while hairsplitting over Greece: European Union leaders pledged to stabilize the euro-area economy, vowing to stave off a Greek default as long as Prime Minister George Papandreou pushes …
Search Results for: performance
June 23, 2011
Moody’s will be making adjustments to some debt ratings: A landmark Ontario court ruling bolstering the rights of pension plan members in bankruptcy cases could have an impact on credit ratings for companies with underfunded …
June 22, 2011
Jim Kelsoe, proud portfolio manager of the worst bond fund in the history of the universe (so far), was last mentioned on PrefBlog on April 7, 2010. Now he’s been barred from the industry: According …
June 21, 2011
More Sino-Forest news: Mr. Paulson and his firm, Paulson & Co., best known for prescient calls on the global financial crisis and the price of gold, controlled 14 per cent of Sino-Forest’s stock or about …
June 20, 2011
In the best news I’ve heard all month UBS is mandating civilized values: The Swiss bank now has a dress code. Apparently a memo went out this morning to equity sales at UBS informing the …
June 17, 2011
The IMF has released the Global Financial Stability Report for June 2011. To the disappointment of many, it did not include a centrefold, but I found one chart particularly interesting: Click for Big Ireland is …
June 16, 2011
Greek spreads are getting ridiculous: The yield on Greece’s 2-year bond topped 30 percent for the first time and the cost of protecting Greece against default climbed 280 basis points to a record 2,050 basis …
MAPF Statements Delayed Due to Postal Lock-Out
The monthly client statements for Malachite Aggressive Preferred Fund have been ready for a few days now – but the postal service isn’t! I understand that back to work legislation is contemplated. One way or …
BSC.PR.B Warrants Expiring Soon
BNS Split Corp. II has announced: that it will be hosting an investor update conference call on Thursday, June 23, 2011, with Brian McChesney, President and CEO of Scotia Managed Companies Administration Inc. (the “Administrator”). …
June 15, 2011
Greece is teetering: Greek economic prospects darkened as European bickering risked delaying the next rescue payment and defections weakened Prime Minister George Papandreou’s majority. An emergency session of euro finance chiefs in Brussels yesterday failed …