News, Views & Purviews

Archive for March, 2008

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Goldman bonds are on fire

31 March 2008

Whether it is a result of calmer credit markets or the Fed’s open chequebook on Wall Street, Goldman Sachs bonds have enjoyed a scorching rally of late. You may recall a post here three weeks ago that pointed out that Goldman’s A-rated bonds were trading below the bonds of sub-investment grade BB-rated Brazil (see [...]

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Richard Scott golf news

30 March 2008

For those of you wondering when Spring will arrive, here is a nice piece on Canadian Professional golfer Richard Scott.
Richard was a three time Canadian Amateur champion, and had a victory on the Tar Heel Tour last year. Although he didn’t get past the 2nd round of PGA Q-School (see prior post “Q-school [...]

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Bay Street Buzz

29 March 2008

This information courtesy of Bill Vlaad of Vlaad & Co.:
Recent Thomas Weisel Partners’ hires:
Eamon Hurley joins the Energy Investment Banking practice in Calgary. Most recently, Hurley was the Vice President & General Counsel at TAQA North Ltd., a wholly owned subsidiary of the Abu Dhabi National Energy Company. Dan Bruno left GMP Securities to [...]

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Dalsa’s unnecessary putsch

28 March 2008

Saavas, I hate to say I told you so…. (“Saavas, keep your chin up!“, January 31-08).
A few short weeks ago, Dalsa’s (DSA:TSX) board agreed to turn itself inside out with the appointment of three new directors: Eric Rosenfeld (aka “The Crooner”©), Mark Burton and Colin D. Watson. This was in response [...]

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Clear Channel ruling will boost BCE shares

27 March 2008

BCE Takeover Part 29
The decision by a Texas judge last evening that would obstensibly force the banking syndicate to proceed with the Clear Channel LBO (CCU:NYSE) cannot go unnoticed by every lender (and bank shareholder) in North America. According to the WSJ yesterday, a key sticking point for the private equity firms was that [...]

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