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Bernanke did suggest the possibility of more quantitative easing, i.e., QE3 (let’s not lose count) last night on 60 Minutes. He also said that in 10, 15 or 20 years’ time, “there won’t be any money left for the military or for any other services the government provides” (referring to the U.S., of course).
Lots of [...]
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Apparently the late-Friday surge in stock markets might have been due to the possibility that “the Ben Bernanke” will intimate the possibility of higher levels of QE2 than initially indicated. More than $600 billion in Treasury purchases by June 2011, in other words.
Reuters caught sight of a report on the CBS website indicating that Bernanke [...]
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Rumor now has it that Wikileaks’ next leak will be the bust of a major American bank. The exciting question, perhaps, is less what the details might be (we’ve basically seen it all over the past two years, if we’ve been paying attention) than what bank Wikileaks will bust.
Julian Assange, the creator of Wikileaks, did [...]
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Yellow Pages Income Trust (TSX: YLO.UN) converted to a corporation on Monday, November 1, 2010. It now trades on the TSX under the name Yellow Media Inc. with the ticker (TSX: YLO).
What Happens to the Rest of Your Income Trusts Before 2011
In their Q3 news release, Yellow Media Inc. announced that distributions would be $0.35/year, [...]
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TD Waterhouse Discount Brokerage (Canada) has announced that it will lower the standard flat rate commission fee for buy and sell orders from $29 down to $9.99 for clients with household assets of at least $50,000. Changes take effect on November 4th, 2010.
Previously, clients had to hold at least $100,000 in assets at Waterhouse to [...]
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Canadian bank DRIPs are known for discounts of 2-3% on dividend reinvestment through their DRIP plans, but these discounts do fluctuate.
Starting with the November 2010 common dividend, the Bank of Montreal (TSX: BMO) will no longer provide a DRIP discount from the average market price on common shares purchased under the plan.
BMO has said there will [...]
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