Nortel shares plunge on TSX

So what does Antonio do? … Throws $30 Million down on the table. Terms and Conditions? FUGGEDABOUTIT!

http://money.canoe.ca/News/Sectors/Telecommunication/2009/01/14/8019116-cp.html

A commemorative for Antonio …

Tony Clement commemorative gravy boat

http://www.youtube.com/watch?v=CcOAwb1q2FQ&feature=channel_page

http://www.torontosun.com/resalehomes/2009/01/09/7975276.html

Problem is we have too many “experts” dispensing advice on just about anything. Even Garth Turner comes across as an expert and is hoping to make money from his book sales.

I think I will save the twenty dollars by not buying one of his books. Don’t get me wrong there is lots of good advice that he gives but its all common sense. It doesn’t cost you anything to use your own.

[correction - apologies]
I enjoyed that Toronto Life story puff piece too.
They put something so ridiculously out there on the front cover yet – it’s bordering on tabloid.

That we’ve been able to obscure our own banks crappy performance to date [barely in typical Canadian snobbish 'We are not American' fashion] and are only propped up by the fact that we consolidated long ago was never mentioned.

———————)read below

During the final months of 2008, as the financial markets imploded, talk on trading desks turned to food and water stockpiles, generators, guns, and high-speed inflatable boats. “The system really was about six hours from failing,” says Gene Lange, a manager at a midtown hedge fund, referring to the week in September when Lehman went bust and AIG had to be bailed out. “When you think about how close we were to the precipice, I don’t think it necessarily makes a guy crazy to prepare for the potential worst-case scenario.”

http://nymag.com/news/features/all-new/53372/

Every word is important. Those who ignore them may well do so at their own peril. — Garth