KFRCanuk
-
Posts
246 -
Joined
-
Last visited
Content Type
Profiles
Forums
Events
Posts posted by KFRCanuk
-
-
The good thing is that no one else has been dropped. While it's preferable to kill the body of the snake, chopping heads isn't bad either. Some of these guys are definitely guilty, and Fairfax is going to nail a few of them...progress! Cheers!
Who is left in the lawsuit?
-
I got an acknowledgment from Fairfax that I would be mailed a book. That was on May 30.
On Tuesday (September 6th) I received the book in the mail.
Maybe it got "Lost" in the postage strike
-
-
I don't watch much CNBC during the day BUT it's interesting that the talking heads are for tax increases.
-
I'm going to speculate that they are going to merge the business units that they can which should drive the expense ratio down which would then drive down the combined ratio down.
-
The canadian stock market is closed today. Don't pay the pink sheets any mind, the primary market is in Toronto.
-
All season tickets are sold.
http://www.winnipegfreepress.com/breakingnews/Priciest-NHL-tickets-already-sold-out-123156823.html
http://www.winnipegfreepress.com/breakingnews/Were-not-going-to-say-I-told-you-so-but-123161318.html
"Revenue is the only financial issue that matters in running an NHL franchise and at an average ticket price of $82 the Winnipeg club will generate just north of $54-million in ticket revenue this coming season. That’s before they sell a beer or a board sign or TV ad.
It’s also in the top half of ticket revenue among NHL teams. The smallest building in the smallest market in the league will make more money off ticket sales than half the teams in the NHL."
-
I find the term commitments on season tickets interesting.
No word yet on the boxes. The company I work for has a 1/2 box at the MTS Centre. I think it was $60K/year.
Here is a rather simplistic take on what has changed.
http://www.cbc.ca/news/interactives/winnipeg-hockey/index.html
There are more things to add and also some things haven't changed (good and bad).
http://www.capgeek.com is interesting also as Manitoba wants to be close to Vancouver in payroll.
-
-
and this one is even better
-
Harper has already reversed the Canada as honest peacekeeping broker role.
He reneged on his pledge to balance the budget by cutting corporate taxes, spending on useless military hardware and "security" while borrowing to make up the difference (passing the bill down the line to the next generation).
He has made noises about "privatizing" the CPP as a sop to Bay Street financiers.
He will immediately cut funding for political parties, putting them back in hock to the lobbyists.
Throw in the reappearance of the anti-abortion crowd, the gun nut lobby, fearmongering about the "muslim peril", attacks on personal liberties and you get a general picture of the next 4 years.
Canadian Wheat board will be gone too.
-
I think the craziest thing is what Osama's total economic impact on the US Military, US Home Land Security, Insurance Impact of 9/11, Canadian Military costs, British Military Costs, and the list keeps going!
Do you stop counting at $5T?
-
$2 Bet he got taken out by Canadian Sniper ;)
Was in Afghanistan so prob some bunker buster
Wonder if he just died of the illnesses he had. They say the body is in US auth hands!
A Canadian held the distance record for a while.
-
"Because Harper limits questions to just four per day for the national media covering his campaign – and paying $1,900 daily for each reporter for travel costs – journalists are forced to work together to craft their line of questioning."
This drives me nuts. I mean 4 questions per day? Shouldn't there be a law against news orgs taking money for covering a campaign?
-
I don't understand recent election attack adds. Not very Canadian if you ask me.
I don't understand why federal parties can't work together. Did we really have to have an election again (1997)in the middle of one of the worse floods? I mean it wouldn't have taken much to get an opposition party to support the budget. We are all Canadian!
-
Here is a great writeup of apple's q2 numbers by none other than Jean-Louis Gasse
http://www.mondaynote.com/2011/04/24/inside-apple%E2%80%99s-q2-numbers
"These last figures are striking. How did Apple squeeze R&D down to 2% of revenue when Microsoft is closer to 15%? Part of the answer is having a large denominator: lots of revenue. Another part is that they have fewer products than any other comparable company. Still, 2% is an astonishingly low number and, curiously, one that is rarely remarked upon on Wall Street — or anywhere else — when discussing competition between high-tech companies.
The same applies to the SG&A (Sales, General and Administrative) expense number: only 7%. I don’t know of a tighter and, as the same time, more prosperous ship.
(Those percentages get even lower if, as some analysts do, you exclude Stock-Based Compensation. Look inside the 10-Q for more details.)"
It's pretty incredible how well run apple is compared to other companies.
-
Companies that divide shares into different classes with different voting rights almost always end up with the voting shares abusing the economic interests of the non-voting shares. The bonus paid to Frank Stronach for giving up his voting control of Magna is the most recent and egregious example THEY SHOULD NOT BE ALLOWED.
For those who didn't know(like me)
-
Here is an article on the PM of Japan.
"In 2004, while leader of the opposition, he was exposed as an adulterer and became ensnared in a pension fund scandal, after failing to pay required contributions while he was health minister.
Disgraced and desperate, he resigned as party leader, shaved his head, donned traditional Buddhist garb and went on a pilgrimage to 88 Buddhist temples on the island of Shikoku.
Before long, he had returned to politics, became finance minister and ultimately, last June, Prime Minister."
-
Aren't the Japanese the most advanced on robotic technology? Don't they have any robots that could be sent in there to continue the work? We have frickin' unmanned drones, robots that build cars, and robots that detonate explosive devices. We don't have any sort of robot that could be controlled remotely in this type of situation? Cheers!
radiation plays havok with electronics.
-
What happened to the 50 technicians who stayed on to try and get them under control? Is a meltdown imminent now? Cheers!
"Japan nuclear crisis: Workers halt desperate struggle to stop meltdown at Fukushima plant"
-
Every day, there seems to be worse news from the nuclear plant. As I write this, there are news reports that there are no longer any personnel at the plant. There are 6 reactors with 6 spent fuel ponds. All(12) need to be cooled somehow.
Hopefully another day will show the trend reversing BUT it doesn't look good.
I'll be watching GE.
EDIT: I also wonder if 6 reactors + 6 ponds can cause an entire G8 economy down the tubes and what that means for other G8 nations. I better go to bed.
-
It's too bad the regulatory agencies are toothless. I agree with cwericb that this is a story that needs to be told, but I wish we didn't need to spend shareholder money on it.
I think because of the Lawsuit, people are/will think twice before they come after FFH. I think that is money well spent.
-
http://business.financialpost.com/2011/03/09/reporters-caught-up-in-fairfax-case/
"One journalist who may still be deposed is Peter Eavis, a former columnist with The Wall Street Journal. Eavis was served a subpoena by lawyers for Morgan Keegan and Co, another defendant, over columns he wrote about Fairfax when he worked at TheStreet.com."
I created a google.com/alert for MRS-L-2032-06 which is the docket number. I hope more news organizations will quote that docket number in the future.
-
Well, they certainly reinforce the image of these Wall Street assholes being regular douches. I would expect Loeb to dress up as Hitler like Prince Harry Williams and attend a costume party, or I'm sure jurors could view him paddling the asses of a bunch of fraternity pledges. And is Sender still around? I thought he would have suffered from severe levels of radiation due to the 25 LCD monitors around him all day. I still can't get enough of this picture! Cheers!
"With just $150 million under management, he is better known these days for collecting works of art than his trading."
It would be freaking awesome if journalists job was to cover the discovery and trial on a daily basis. Too bad Steve Langford is busy these days.
The Coming Collapse of the Middle Class
in General Discussion
Posted
I feel that there is a huge pressure going forward to take equity out of your own home in order to spend more.
Lenders and social circles make it too easy.