Archive for July 12th, 2008
Sponsor – Canadian Art Hop Gala
12 July 2008http://www.canadianart.ca/
Should IndyMac’s failure rest on Shumer’s doorstep?
12 July 2008The US$32 billion failure of U.S. mortgage lender IndyMac demonstrates just how differently the United States is governed than Canada. This from today’s Wall Street Journal:
The director of the Office of Thrift Supervision, John Reich, blamed IndyMac’s failure on comments made in late June by Sen. Charles Schumer (D., N.Y.), who sent a letter [...]
Bay Street Buzz
12 July 2008This information courtesy of Bill Vlaad, of Vlaad & Co.:
“UBS Global Asset Management appointed Marcel Larochelle as the new Canadian Head. Larochelle was previously with Mercer Investments.
Harris Fricker has assumed the role of President at GMP Securities.
Vic Turbendian will be joining the Equity Trading desk at CIBC World Markets as a Liability Trader. [...]