Archive for May 1st, 2008
Why are we financing films in the first place?
1 May 2008News today that the Conservative government is going to make the passing of Bill C-10 a confidence motion. Which means that if the opposition doesn’t like the bill we can go to the polls over it. Hardly worth an election so the “Go ahead, make my day” politics of this minority government will likely prevail [...]
Another way to play BCE
1 May 2008Enough about the equity – look at BCE’s bonds. We posted last year that BCE’s bonds dropped off a cliff once the Teachers deal was announced. Made sense – lots of extra debt is going to pile in and the current bondholders have security over a soon-to-be highly levered company. When you don’t change the [...]