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“An explosive critique about the investment industry: provocative and well worth reading.”
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Daily Archives: October 22, 2014
Revolving door between regulation and finance must be jammed
A first hand account of the corrosive regulatory capture caused by the revolving door between token finance regulators and the financial firms that hire them as defence counsel and lobbyists once they leave office. “The real world sees a pandemic … Continue reading
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Attacks in Canada’s capital
Parliament Hill came under attack today after a man with a rifle shot a soldier standing guard at the National War Memorial in downtown Ottawa. A gunman inside Parliament has been confirmed dead. Ottawa police say shots were fired at … Continue reading
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Canadian financials wobble
The picture of risk for the Canadian broad market: the financial sector is its most concentrated exposure (today 38% of the TSX) as the basket of shares (XFN) lept an outrageous 100% in the last 2 years of ‘QE-ever’ mania. … Continue reading
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