Archive for January 9th, 2009
Wellington Financial increases Fund III to $150 million
9 January 2009In case you missed it, a press release just hit the wire that should be of interest. Wellington Financial LP added two new Canadian institutional limited partners yesterday, with commitments totalling $24.1 million. Our Fund III was originally capitalized with $125.9 million of equity commitments in October 2006. With these two new [...]
Could it be that the Banks and Flaherty are both right? part 2
9 January 2009I enjoy decoding riddles.
Canadians are telling Finance Minister Jim Flaherty that they can’t get credit. The Banking Oligarchy is saying they are doing all they can to make loans available to “credit worthy” clients, and that their business loan portfolios are actually growing during the recession (see prior post “Could it be [...]
Report: Obama worth US$50 million to RIM
9 January 2009For all of your RIM shareholders, here is a great NYT piece on President Elect Obama, his BlackBerry, and his potential value to Research In Motion (RIM:TSX, RIMM:Q) as a pitchman:
What could the “BlackBerry president” charge for his plugs of the device if he were not a public servant? More than $25 million, marketing experts [...]
Decade of Daddy Mirror Fund™ Bi-weekly Report
9 January 2009Decade of Daddy Mirror Fund™ Bi-weekly Report
Things have stablized in our Mirror Fund. The US$ is still helping us out, as is the market’s view that there has been a real change in the credit backdrop at Goldman Sachs (GS:NYSE). Even then, our Decade of Daddy Mirror Fund™ (see launch in post “Decade [...]