Category Archives: Main Page

Oil and credit strains leading banks and TSX lower

Rising precious metals stocks this summer have, so far, managed to hold the Canadian stock market (TSX) above the 16,000 level where it has languished, flat since 2017.  Material stocks, however, make up just 10% of the index overall. Energy … Continue reading →

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Markopolos: GE accounting fraud larger than ENRON

After a year-long investigation, renowned Madoff whistleblower and financial analyst Harry Markopolos and company have released a 175-page report to regulators declaring General Electric guitly of the largest insurance fraud ever.  The report alleges that GE has a “long history” … Continue reading →

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GM and VW double down on EVs (at last)

After making the dumb business decision to crush its much loved ahead-of-the-pack electric cars (EV1) in 2002, GM, along with emission-fraud leader VW, finally, see where the puck is going.  Chinese regulations requiring companies to sell a minimum number of … Continue reading →

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