Archive for February 19th, 2008
BMO bares all part 2
19 February 2008Maybe the original headline was a bit too perky (see post “BMO bares all“, February 19-08). The equity research analyst at Genuity Capital Markets doesn’t agree with my Bank of Montreal (BMO:TSX) “bares all” characterization one iota. Here is a summary of his damning report from earlier today. I certainly hope his [...]
BMO bares all
19 February 2008Three cheers for the fulsome disclosure coming out of Bank of Montreal (BMO:TSX) this morning regarding their SIV exposure. The headline alone (“BMO Financial Group to Reflect Charges in First Quarter Earnings, Proposes Support for Links and Parkland Structured Investment Vehicles (SIVs), Provides Update on Apex/Sitka Trust and Announces Senior Management Changes“) makes you [...]
Not all fuel additives are evil
19 February 2008The Man from Encana was sharing his thoughts yesterday on the scourge known as alternative fuels. In his column he make some accurate, if not unique, observations about the silliness of flattening rain forests to make way for palm oil plantations. And then turning that palm oil into a fuel additive such as [...]