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Daily Archives: June 20, 2016
The biggest loser in “Brexit” would be finance sector
After the 2000 financially-engineered tech bust blew in America, regulators enacted the Sarbanes-Oxley Act of 2002, also known as SOX, to help what had become rampant accounting fraud (Enron, WorldCom, Global Crossing, Tyco and Arthur Andersen et al), that led … Continue reading
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Many players driving Canadian home price bubble
Good summary of the issues and parties involved in billowing the counter-productive housing bubble in Canada’s largest cities. The myths and mania has also spread well into the countryside and smaller towns. Just as in other countries, the aftermath will … Continue reading
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