Archive for March 23rd, 2007
CSA delays tougher certification requirements
23 March 2007With the IPO window open for many tech firms, here is a timely reminder from our friends at law firm McCarthy Tetrault that being public isn’t the same as being private. The topic is CEO/CFO certification of financial statements and internal controls. Keep in mind GM’s recent admission that they are not comfortable [...]
If this isn’t a sign of a top….
23 March 2007Only four percent of institutional investors were not invested in hedge funds, according to a recent survey by State Street Corp.
Which perspective is more suitable?:
Extraordinary Popular Delusions and the Madness of Crowds, a 19th century book.
or
If Ned Goodman (insert your favourite smart investor name here) is selling, do you want to be [...]
Politics trumps stats
23 March 2007British Prime Minister Tony Blair did his best a few weeks ago to show that he had learned from his mistakes in Iraq. So he gave Iran the “all clear” sign on their nuclear program. A stupid idea, for sure, and not one that can fix whatever mistakes were/were not made leading up [...]
Arizona Governor sees lights
23 March 2007After a 10 year silence, a former Arizona Governor and Vietnam Vet has admitted on CNN to seeing the (in)famous “Phoenix Lights” back in 1997. Local TV station KTVK filmed the entire event at the time, and it was witnessed by thousands. Size of several football fields.
He prides himself to be the first [...]