Sunday, September 09, 2007

Felix II


Because something is happening here
But you don't know what it is
Do you, Mister Jones?

Carlos Fuller, the deputy director of the Caribbean Community Climate Change Centre, described the southern hurricane activity as part of a "strange" weather pattern.

"About 10 years ago, we saw one develop in the south Atlantic where your professor would tell you that never occurs.

"Unfortunately, the two hurricanes have been Category Five hurricanes, they made landfall as Category Five hurricanes. It is the first time in history and we have data going back to 1885; this has never happened," the meteorologist said.

Fuller said a high-pressure system, known as the Bermuda High, kept both 'Dean' and 'Felix' on a westerly track.

As the remnants of powerful Hurricane Felix dissipate today over Central American mountains, some meteorologists are voicing concerns about the computer models that were meant to forecast the storm's intensification. "In general, computer models did very poorly in forecasting the development of this system," said Keith Blackwell, a hurricane researcher at the University of South Alabama's Coastal Weather Research Center in Mobile.

Felix set a record by strengthening from a tropical storm to a Category 5 hurricane—the category for the most destructive storms on the Saffir-Simpson scale—in only 51 hours.

"It strengthened more rapidly than any other storm on record, anywhere in the world," Blackwell said.


If the 2007 Atlantic hurricane season ended tomorrow, we would still call it extraordinary. The year's first two hurricanes, Dean and Felix, both reached Category 5 classification. That's a record, one among many that these two storms helped establish.

To begin with, in the archives (which go back to 1851, with varying degrees of completeness) only three other seasons - 1960, 1961 and 2005 - had more than one of these monster storms. And no season can rival this additional feat: Both Dean and Felix struck land at full Category 5 strength.

There hadn't been a Category 5 landfall in what hurricane experts call the Atlantic basin (the Caribbean, the Gulf of Mexico and the Atlantic north of the equator) since 1992's Hurricane Andrew ravaged southern Florida. Now we've seen two in two weeks.

The scariest factoid, however, is this : We've now witnessed eight Category 5 hurricanes in the Atlantic basin in the past five years (Isabel, Ivan, Emily, Katrina, Rita, Wilma, Dean and Felix).

You have to go back to the 1960s, with six recorded Category 5s, to find another decade that even approaches the present one in this regard. (And if you look beyond the Atlantic? In June, Cyclone Gonu was a Category 5 and the strongest storm ever observed in the Arabian Sea.)

It's hard to keep up with the crazed weather. As I write, a heat wave has killed over 50 people in the Midwest and South, with temperatures reaching 112 degrees in Evening Shade, Arkansas. Torrential storms have flooded Ohio, Minnesota, Wisconsin, Missouri, Indiana, Iowa, and South Dakota. California has its second largest wildfire ever. Texas and Kansas are battening down for new storms, while still recovering from last month's floods, along with Oklahoma, which is now getting flooded again. A few weeks before, a massive rainstorm closed down the New York City subways. That doesn't count over 2,000 dead and millions displaced in India and Bangladesh floods, runaway forest fires in Greece, the hottest-ever temperature in Japan, or unprecedented melting of Arctic icecaps. Tomorrow the weather will ricochet off the charts someplace else.

This surge of weird weather offers a powerful warning. Placed in context, its lessons could also help us overcome the denial that's prevented the United States from taking action on global climate change. They could give courage to elected representatives who've wanted to act but have been hobbled by timidity. They could create a political opening to defeat prominent elected climate-change deniers whose seats used to seem unassailable and are running for reelection in hard-hit states. They could help the Senate leadership stand strong and call the bluff of those threatening a filibuster or a Bush veto. As Samuel Johnson wrote, knowing you’ll be hanged in two weeks concentrates one’s mind wonderfully. What's happening to our weather just might foreshadow that hanging.

A few years ago, global warming felt remote to most Americans. Although they heard it debated, it didn’t seem real. The media gave “equal time” to deniers and the most respected scientists. Now 84% of Americans view human activity as at least contributing to global climate change, and 70% demand greater government action. Responses have shifted in the wake of Katrina and the succession of local disasters; Gore's Inconvenient Truth; the international IPCC report and similar impeccably credentialed scientific studies; and the start of serious media coverage, from Parade and the AARP magazine to Vogue. Add the impact of so many ordinary citizens speaking out, and Americans are starting to link the disasters they're seeing around them with what's happening to the planet.

When people's communities are hit with exceptional floods, droughts, tornadoes, heat waves, or runaway wildfires, or they see these events on TV, even conservatives who would have once treated them as random "acts of God" start recognizing their deeper roots in the patterns of human action. In a May 2006 poll of South Carolina hunters and fishermen, for instance, 68% agreed that global warming was an urgent problem requiring immediate action, and a similar number said they'd seen the immediate impact of climate change on local fish and wildlife. Even before this summer's parade of calamities, 75% of all Americans said recent weather had been stranger than usual

So our national frame on the weather is beginning to shift. Each new "natural disaster" now reinforces the sense that just maybe not all these disasters are so natural after all. And if we fail to seriously address their roots, similar ones or worse will dominate our future.

Of course global climate change doesn’t cause every extreme weather event. And not all our fellow citizens are quite ready to act on the full enormity of the climate crisis, still resisting much of what needs to be done, such as increasing gas taxes. But most Americans want someone to do something, even if they're ambivalent about paying the costs. The more our warnings resonate with what people see around them, the more they can draw broader links, and the more the Exxon-funded denials ring hollow.

This situation expands political possibilities. While memory of this summer of disasters is still fresh, why not begin now to make a major issue of the rabid global climate change denial of Senators like Oklahoma's James Inhofe, Texas’s John Cornyn, and Oregon's Gordon Smith. Inhofe, who's called global warming "the greatest hoax ever perpetrated on the American people," has been considered to have a safe seat. But his approval rating, just after last November's election, was a lowly 46%, and Cornyn's 45%, both lower than just-defeated Virginia Senator George Allen. So they may already be more vulnerable than conventional wisdom suggests. Gordon Smith's race has long been forecast as tight. Instead of writing off the prime deniers as unbeatable, or dismissing global climate change as too complex to make an electoral difference, why not brand them with their stands, juxtaposing their dismissal of the crisis with images of flooded homes and farms?


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Chandler Says Breed More Conservatives

On the Project Alberta forum outspoken Craig Chandler comes up with a solution to the problem of immigrants to Canada and migrants to Alberta voting Liberal or NDP. Of course historically the folks that vote Liberal federally are New Canadians.

If you hadn't guessed the
racist implications of his comments before this, it can't be much clearer.

Rhys,

Congrats. Now start breeding because lately it seems the only way to beat the Liberals is to out breed them.

Craig



SEE:

I Was Misquoted

Chandler Redux

Outing Chandler

Vote Conservative...Or Else



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Children and Dogs


As I pointed out here earlier; children and dogs in North America share something in common; being abandoned in hot cars to die of hypothermia.

Two recent cases involving a child and a police dog made news the same day.

Ohio Mother Leaves Child in Car for 8 Hours

Yesterday we brought you the tragic story of a 2-year-old girl who died after her mother left her in a locked car for eight hours as the temperature approached 100 degrees outside -- and came close to 150 degrees inside.

The mother, Brenda Nesselroad-Slaby, had changed her daily routine that morning before going to work as an assistant principal at a middle school in Ohio. Instead of dropping off her daughter with the babysitter, she went to buy donuts for her fellow teachers, then went to work -- forgetting that her daughter was still asleep in the back seat.



PHOENIX, Arizona (AP) -- A suburban police officer is accused of leaving a police dog in a patrol car for more than 12 hours on a 109-degree day, killing the animal The sheriff's investigation showed Bandit was in Lovejoy's patrol car from about 9 a.m. to shortly after 10 p.m. August 11. During that time, the investigation found, the officer ran errands, napped and ate out with his wife. Lovejoy later found the dog dead in the car.


And surprisingly there are as many dog fatalities as those of children.

Dogs

Ga. police dog also dies after being left in patrol car

Amherst Police arrested a Niagara Falls man Friday afternoon at the Boulevard Mall, after the man's dog was discovered suffering from the heat in a vehicle.Humane Investigator William Sullivan said they used a special thermometer to check the temperature in the vehicle. "It was 105 degrees," he said.

A woman was charged with animal cruelty Tuesday after her dog died after being left in a closed car, allowing the pet's temperature to reach 108.3 degrees,

Cary police have charged a woman with leaving a dog inside a 122-degree car

Man Arrested after Dog Left in Hot Car Dies - Associated Content

Absecon woman charged after dog left in car dies - Topix

Dog Left In Sweltering Car As Owner Goes To Beach -

Man charged with locking a dog in hot car, leaving it to die

Man Arrested After Dog Dies In Boiling Car

Children

New City man charged with DWI; child in car

Mother pleads guilty to leaving toddler in car

Florida Toddler Dies After Being Left in Hot Car Outside City Hall

Father Arrested After Leaving Toddler in Car at Brothel Parking Lot

Police: Man Leaves Child In Car, Shops For Porn

MOUNTAIN VIEW: NANNY ARRESTED AFTER LEAVING CHILD IN CAR

Sometimes the child or dog is rescued.

Torrance police rescue baby trapped in car

Statistics for children and dogs left in cars shows a wide discrepancy. While the statistics for children left in cars is for the U.S. the stats for dogs are from the Ontario Humane Society. Despite the disparities in numbers they share the same underlying causes.

In 2007 there have been at least twenty-six deaths of small children after being left inside a hot vehicle. Last year there were at least twenty-nine such fatalities in the United States due to hyperthermia after they were left in hot cars, trucks, vans and SUV's. This sadly followed forty-two child deaths in 2005. Since 1998 there have been at least a total of 323 of these needless tragedies. This study shows that these incidents can occur on days with relatively mild (i.e., ~ 70 degrees F) temperatures and can occur very rapidly.

STATISTICS

  • Total number of U.S. hyperthermia deaths of children left in cars, 2007: 26
  • Total number of U.S. hyperthermia deaths of children left in cars, 2006: 29
  • Total number of U.S. hyperthermia deaths of children left in cars, 1998-2007: 347
  • Average number of U.S. child hyperthermia fatalities per year since 1998: 36

In the summer of 2006, the OHS EAPS responded
to 93 calls about dogs left in cars in extreme heat
conditions. We're pleased to see the numbers of these
calls decreasing each summer. Thanks to our educational
efforts and public awareness campaigns, more
people are becoming conscious of the dangers of
leaving animals in hot cars.



The reason for child car deaths and those of animals is simple lack of laws and severe enough penalties.

An Associated Press analysis of more than 310 fatal incidents in the past 10 years found that prosecutions and penalties vary widely, depending in many cases on where the death occurred and who left the child to die - parent or caregiver, mother or father: -Mothers are treated much more harshly than fathers. While mothers and fathers are charged and convicted at about the same rates, moms are 26 percent more likely to do time. And their median sentence is two years longer than the terms received by dads. -Day care workers and other paid baby sitters are more likely than parents to be charged and convicted. But they are jailed less frequently than parents, and for less than half the time. -Charges are filed in half of all cases - even when a child was left unintentionally.


It's wrong that an Ohio mother has escaped prosecution for the death of her 2-year-old daughter, who the mother forgot and left inside a sweltering SUV while she went to work.

The decision not to prosecute Brenda Nesselroad-Slaby of suburban Cincinnati for the death of her daughter Cecilia came yesterday from Clermont County Prosecutor Don White. He said leaving Cecilia in the car was ''a substantial lapse of due care'' but did not meet the legal test for reckless conduct requiring prosecution.

We don't buy it. A toddler died because the primary caregiver forgot her primary duty. The loss of a child's life can not be written off as an unfortunate mistake, no matter how unintentional, or how much the parent is grieving personally.

The legal obligation of a parent to protect a child has few rivals, and the law must penalize the failure to meet that obligation.

His name is Cyrus and he's lucky to be alive. But he faces a long road back and he may never be what he was before Tuesday. He's the three-year-old Rottweiler who was found locked in his owner's SUV in a parking lot near King and Jameson. The pet was near death when Toronto Humane Society cruelty investigator Tre Smith knocked out a window to rescue the creature. The dog was foaming at the mouth and in severe distress as it was rushed for emergency treatment.

Now veterinarians have determined what they most feared - that the sad-eyed pooch has suffered both brain and kidney damage from which he won't be able to recover. "There's definitely some brain damage there," sighs the Society's Lee Oliver. "It's not as severe as we thought. He's able to stand on his own with some help. We've had him out for a walk. He's able to move his feet in a normal walking order which means he's got motor functions."

While cruelty charges have been laid against the owner, there's a terrible irony in the fact that the man accused of the crime could one day get his animal back. It's an old dilemma Smith faces every day in his difficult but rewarding job. The penalty for a conviction is a $2,000 fine or up to six months in jail and a possible two year prohibition against owning animals. Smith is aware pets can't be put on the same scale as humans, but he wonders if the law is adequate enough to send the right message about mistreating one of the tender hearted creatures.

"They're not tough enough," he makes clear. "They don't have any teeth. We're gumming our way through this thing. How can anyone expect us to do our job properly if we don't have the tools, the resources and the laws and the people to back us up?"


The other factor is the use of car seats. And now this is being pushed for use by children up to eight and nine years of age!

Ironically, one reason was a change parent-drivers made to protect their kids after juvenile air-bag deaths peaked in 1995 - they put them in the back seat, where they are more easily forgotten.

Texas leads the nation with at least 41 deaths, followed by Florida with 37, California with 32, North Carolina and Arizona with 14 apiece, and Tennessee with 13. There were deaths recorded in 44 states - most in the Sun Belt, but many in places not known for hot weather.

The correlation between the rise in these deaths and the 1990s move to put children in the back seat is striking.

"Up to that time, the average number of children dying of hyperthermia in the United States was about 11 a year," says Jan Null, an adjunct professor of meteorology at San Francisco State University who has studied this trend. "Then we put them in the back, turned the car seats around. And from '98 to 2006, that number is 36 a year."


And sometimes it is simply thoughtlessness.

When Andrea Williams and her boyfriend returned to their car, they found their puppy strangled by her leash.

Now Williams wants to spread the word about a danger she had never considered.

"We are so devastated," she said. "The notion never even crossed our minds to unhook the leash."

The puppy, a pug named Lucy, was nearly 6 months old. She apparently jumped from the back seat to the front and back and got caught up in the leash, which Williams found wrapped around the passenger-side seat.


Or I didn't think I would be gone that long.

Family and friends stand by mom after baby left in car


Which means that this wouldn't help anyways; Baby In Hot Car Reminder Devices


Even on a relatively cool day, the temperature inside a parked car can quickly spike to life-threatening levels if the sun is out, researchers at the Stanford University School of Medicine have found. They hope their findings will put to rest the misconception that a parked car can be a safe place for a child or pet in mild weather.

“There are cases of children dying on days as cool as 70 degrees Fahrenheit,” said lead author Catherine McLaren, MD, clinical instructor in emergency medicine. Though past research has documented the temperature spike inside a car on extremely hot days, this is the first time anyone has looked at cooler days, she added.

McLaren collaborated with James Quinn, MD, associate professor of emergency medicine, and Jan Null, an independent certified consulting meteorologist, to measure the temperature rise inside a parked car on sunny days with highs ranging from 72 to 96 degrees F. Their results, published in the July issue of the journal Pediatrics, showed that a car’s interior can heat up by an average of 40 degrees F within an hour, regardless of ambient temperature. Eighty percent of the temperature rise occurred within the first half-hour.


Pets, more so than humans, are susceptible to overheating. While people can roll down windows, turn on the air conditioner or exit the vehicle when they become too hot, pets cannot. And pets are much less efficient at cooling themselves than people are.

Dogs, for example, are designed to conserve heat. Their sweat glands, which exist on their nose and the pads of their feet, are inadequate for cooling during hot days. Panting and drinking water helps cool them, but if they only have overheated air to breathe, dogs can suffer brain and organ damage after just 15 minutes. Short-nosed breeds, like pugs and bulldogs, young pets, seniors or pets with weight, respiratory, cardiovascular or other health problems are especially susceptible to heat-related stress.

Why compare dogs and children?

Because in North America dogs and cats have become surrogate children (and grandchildren). And in Japan too.

They are no longer 'pets', property, but companions.

Approximately one half of all Canadian families include a companion animal, so many of us care passionately about these animals and how to improve their care.


They have evolved a new social role.

Profound changes are happening in the animal health market. Pet owners in the United States are demanding more advanced and expensive treatments for companion animals, driving growth in the companion-animal sector. At the same time, concerns about livestock health care and feeding are driving changes in industrial animal husbandry.


And if you cannot take care of your companion how can you take care of a child.

Media reports of illegal dogfights and illegal betting prompted police to raid 1915 Moonlight Road. After that, Vick began to lie about his involvement in dogfighting and gambling. He lied to his coach, to the team's ownership and to the commissioner of the National Football League (NFL). Not until his lawyers were confronted by the overwhelming amount of evidence against Vick in the federal indictment did he begin to tell at least part of the truth. He signed a plea bargain admitting guilt. He turned state's witness. Last week he held a nationally televised press conference at which he apologised, expressed his shame, and renounced dogfighting.

Vick will be sentenced on December 10. He will go to jail. He will receive a heavy fine. When the new NFL season starts this Saturday, he won't be there. He has been suspended indefinitely by the NFL. The $US71 million in salary for the remaining seven years of his contract has been suspended. He has lost all endorsement contracts. The Atlanta Falcons will seek reimbursement for up to $US22 million of his signing bonus.

Polls show that most American sports fans never want to see him on a football field again. All this even though he has not been convicted of any violent crime against another human being, nor any involvement in narcotics. Rather, Vick's years in the violent underground world of dogfighting represented an affront to the special place dogs hold in society.

What does it mean, then, that this special place is being eroded by the pressures of modern life? In Australia, keeping dogs as companions is in serious decline. Earlier this year, a study commissioned by the Australian Companion Animals Council found a significant decline in the dog population. In 2000, Australians kept 4 million dogs as companions. By this year, the number had dropped to 2.75 million, a plunge of 31 per cent. (Cat numbers also declined over the same period, from 3.2 million to 2.3 million, a fall of 28 per cent.)

Experts attributed the sharp decline to children spending less time playing outdoors and much more time playing video games, and watching TV and the internet. One byproduct of this behavioural shift has been a surge in childhood obesity. Another byproduct, it appears, has been a decline in the role that companion animals, especially dogs, occupy in family life.

Researching this subject, it was fascinating to find the many scholarly studies which measured positive roles that companion animals play in social life, with dogs at the forefront. Various studies have concluded that animal owners have lower blood pressure, lower cholesterol levels, higher survival rates after serious illness, and suffer less from loneliness or depression. A number of studies have concluded that companion animals tend to enhance family life.

If dogs are being pushed aside by the accelerating pace of modern life - more technology, less time - if we have less time for the altruism required to keep a dog exercised and engaged, then we are in danger of losing a better part of who we collectively are.


SEE:

Animal Crimes

Katrina: It's a Dog-Gone Crime

Tiger Tiger Burning Bright

We Love Animals


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Alex RIP

You may have seen Alex on TV. That is where I first came across him.

He provided evidence that animals are not dumb.

And he gave new meaning to bird brained.

The African Grey Parrot is a medium-sized parrot of the genus Psittacus native to Africa, and is considered one of the most intelligent birds. Pet owners often liken the experience of keeping an African Grey to that of raising a young child, not only because of the birds' intelligence, but also arising from the substantial time commitment which they require.

Sad! Alex the Grey Parrot, Dead at 31

Dr. Pepperberg purchased Alex from a Chicago pet store in June, 1977. He can label seven colors, is learning the alphabet and can count up to six objects. Alex is also working on identifying objects from photographs. Alex likes cardboard boxes, keychains, and corks.



Teaching an Avian Scholar


Here at the lab, we are often asked exactly how it is that
Alex is trained. Just as you would assume, Alex has
been taught using a strong language-based format. We
are careful to always use words in context when
speaking to Alex, Griffin, and Wart, and we constantly
label all actions and objects associated with their daily
lives. Objects we’re likely to speak about include
everything from food items to toys to favorite perches.
Common actions that are labeled include such activities
as making breakfast, taking a shower, giving a tickle, or
going back (which is the delightful way Alex asks to be
returned to his cage top).

We simply talk to the birds in a way that most people speak to human babies
and small children during their quest to acquire language. However, that is by
no means suggesting that meaningless baby talk is ever used with the lab parrots.
Rather, we use sentence frames as a way of inserting and stressing the label for
a single object in several different sentences.

For example, let’s say the target word might be ‘corn’. While offering corn to Alex,
we might say “Alex, would you like some corn?” and “Did you notice the corn is
yellow?” and “Corn tastes yummy.”

The practice of using such sentence frames combined with consistently labeling
everyday objects and actions has greatly aided in Alex’s vocabulary development.
However, we use actual training sessions to teach Alex the necessary things he
needs to know for the research work.

Alex (1976 - 2007)

Category: Animal Behavior
Posted on: September 8, 2007 3:54 PM, by Coturnix

It is not unusal to write an obituary when a great scientist passes away. It is much more unusual to do so when a lab animal does so. But when that animal is not just an experimental subject, but also a friend, colleague, teacher and collaborator, than the species boundaries lose importance. And Alex, the famous African Grey Parrot, was just that, and more, to Irene Pepperberg and to the entire field of cognitive ethology. He died yesterday, unexpectedly, at the age of 31 (about half the normal life expectancy for the species) and he will be sorely missed. You can send donations, that will assure the research goes on with Alex's younger buddies Griffin and Wart, to the Alex Foundation.


Repost: The Story of Alex

Category: Friday Grey Matters
Posted on: September 8, 2007 4:52 PM, by Shelley Batts

This is a repost from July of 2006. I thought it was appropriate, given Alex's passing. Please check out Friday Grey Matters in my archives for many more reports on Dr. Pepperberg's work with Alex.

alex%201.bmp

Alex is a 28-year-old African Grey parrot who lives in the lab of Irene Pepperberg, in Brandeis University, and is the eqivalent of a superstar in the bird world. Long ago, Dr. Pepperberg chose Alex at a pet store as neither an exceptional nor sub-par bird. Through the years, Dr. Pepperberg has engaged Alex in a complex form of communication, where, much like a parent teaching a child, Alex is taught the proper "name" for an object. Now, he can label more than 100 items, including seven colors, five shapes, counting up to six, and three categories (color, shape, material of an object). This is amazing when you consider that this bird is working with a brain the size of a walnut! In addition, Alex has learned to ask for an item he wants. When the incorrect item is brought, he will either ignore it, or throw it at the person! :) He has learned to say "no" if an item is incorrect, and to tell his handlers when he wants to go back to his cage, or come out.

Here's an example of a test that Dr. Pepperberg might present to Alex: seven items on a tray, of differing colors and shapes. She asks "What shape is green and wood?" (This is the way to ask what is the shape of the object which is green and made of wood?) Amazingly, Alex answers correctly over 80% of the time. This is obviously far more than chance, and operant conditioning also cannot account for it as he answers the same, even to novel researchers. The content of the question, and answer, is understood by this bird. She also might ask, "How many wood?" (How many objects on the tray are made of wood?) He looks at the tray for a few seconds, and then answers with a number, again correct 80% of the time! He can replicate this up to six items.

Alex has also "coined" words, or made up new words to use for unfamilar objects. An example of this is when he first encountered an apple. He already knew the word for "banana" and "strawberry, " and the first time he saw an apple he called it a "bananaberry." This was hypothesized to be because an apple was red like a strawberry by white inside like a banana, so Alex put the two words together to make a new word! He has done this several times, like calling an almond a "cork nut" because of the nut's texture like a cork. He can be inventive and creative.

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Purdy Crawford Rescues the Market

The capitalist state rides to the rescue with a corporate governance model for the credit market in Canada. Don't here no crying about market interference by the state. Nope. Can't over all the applause from the vested interests.

Another nail in the coffin of the myth of the free market. It's a market and it ain't free, it's controlled by them in power. Despite all their monetarist ideology when the crisis hits they run to their nanny state.


It began in August when Quebec based National Bank, not the Central Bank, bought back its loans and shored up its Mutual Fund Altamira. Because investors, consumers, you and me, are ignorant of the market risk of some their investments.

National Bank's news release on behalf of Altamira funds may have been most educational from the investor's perspective. The bank noted that Altamira money market funds offer no assurances they can maintain their net asset value and protect against losses. It also pointed out that money market funds are not insured by Canada Deposit Insurance Corp., as are high-interest savings accounts and guaranteed investment certificates.

In shoring up the money market franchise for the mutual fund industry, National Bank has also highlighted the fact that these funds are not risk-free. This brings us back to high-interest accounts, a corner of the financial marketplace where there happens to be some stiff competition these days. The rates are higher than money market funds, fees are non-existent and federal or provincial deposit insurance offers a safety net. What a deal.

It was followed this week by the Bank of Canada joining with the private/public investment and banking sector to develop a bail out plan for institutions.

And when they say they are protecting investors ferget about it. They are protecting their investment. They are speaking of commercial investors like our pention funds and private equity as well as mutual funds.

After all the Ruling Class takes care of its own, and their investments.

A plan to rescue about $35-billion of illiquid asset-backed commercial paper moved a step forward yesterday as holders of the debt formed a committee to oversee how the proposed restructuring would happen.

And, in another sign that Canadian money markets may be inching towards stability, the Bank of Canada yesterday announced it was restoring standard collateral conditions for providing liquidity to financial institutions on an overnight basis. "While money markets continue to experience difficulties, there has been significant progress in the functioning of the overnight market," the bank said in a statement.

During the height of the recent stock-market turmoil in mid-August, the bank widened the kinds of collateral it would accept against lending to include such instruments as provincial securities and commercial paper, as well as the standard government of Canada paper.

Meanwhile, the committee overseeing the commercial paper rescue plan will be chaired by Osler, Hoskin & Harcourt lawyer Purdy Crawford and will include representatives of Canaccord Capital Corp., Canada Post, National Bank Financial and the Caisse de depot et placement du Quebec.

"Our investor committee will be looking to implement a solution that addresses the best interests of investors generally, and at the same time allows for a successful restructuring and a return to market stability for these investments," Mr. Crawford said in a statement.

Under the so-called "Montreal Proposal" troubled asset-backed commercial paper (ABCP) would be converted into longer-term debt with maturities stretching out in some cases several years into the future as a way to improve chances that investors will get their money back. Details of how the conversion will happen will likely be sorted out by this new committee.

Canadian investors stuck with illiquid asset-backed commercial paper should hang on to their investments while an investor committee attempts to find a solution that will get their money back, said the head of a committee overseeing a rescue plan.

``Hopefully if everybody stays cool and somebody doesn't start pulling plugs, this thing will work out without them having any losses,'' Purdy Crawford, who was named yesterday to lead the committee, said in a telephone interview today. ``If everybody stays cool, that's the key.''

A Pan Canadian Committee Chaired by Mr. Purdy Crawford has been formed today to oversee the proposed structuring process of the Third Party ABCP. This Committee, which includes investors who were signatories to the Montreal Proposal plus other significant holders, brings a broad cross section of investors with a national perspective, relevant experience and associations with each of private business, institutional investors, government agencies and crown corporations. Comprising this Investor Committee are now:


<< - Mr. John Crichton, President and Chief Executive Officer, NAV CANADA. - Mr. Alban D'Amours, President and Chief Executive Officer, Desjardins Group; - Mr. Gordon J. Fyfe, President and Chief Executive Officer, PSP Investments; - Mr. Doug Greaves, Vice President Pension Fund and Chief Investment Officer, Canada Post; - Mr. Rowland Kelly, Interim CEO, Credit Union Central of British Columbia, representing Credit Union Central of Canada; - Ms. Karen Kinsley, President and Chief Executive Officer, Canada Mortgage and Housing Corporation; - Mr. Mark Maybank, President & Chief Operating Officer, Canaccord Capital Corporation (Canadian Operating Subsidiary); - Mr. Dave Mowat, President and Chief Executive Officer, ATB Financial; - Mr. Ricardo Pascoe, Co-President and Co-Chief Executive Officer, National Bank Financial Group; - Mr. David G. Patterson, Chair and Chief Executive Officer, Northwater Capital Management; - Mr. Henri-Paul Rousseau, President and Chief Executive Officer, Caisse de dépôt et placement du Québec; - Mr. Jim Scopick, President and Chief Executive Officer, Credit Union

And Purdy Crawford is a player. After all he founded the Atlantic Institute for Market Studies (AIMS), which is the East coast clone of the right wing think tank the Fraser Institute.

Purdy is an excellent example of the modern member of the capitalist ruling class. They secure their positions of power through interlocking boards of directorships. He adapted his corporations during the mean and lean eighties and then in the booming nineties to create large cap companies capable of predatory take overs or become subject of take overs themselves. He adapted corporations into a new tax shelter; Income Trusts.

He recognized the current condition of capitalism; mergers and acquisitions in the age of modern financial globalization. This resulted in large scale accumulation in a single company, selling off parts of itself to global flows of capital.

It resulted in the selling off of Canadian companies to foreign investors in order to mass enough capital to take over someone else, or be gobbled up in the process if your gamble fails as was the case with Inco ,which Purdy was a director of .

And as he did with Imperial Tobacco severing it from Imasco. Which was finally bought out by its parent, the notorious cigarette smuggling BAT.

As a spokesperson for big tobacco he defended targeted marketing at youth. This qualifies him to speak on;
Ethics, Values and Business Success - Purdy Crawford (May 11, 2006)

As a securities adviser he promotes his ideal of market consolidation with a single Securities commission in Canada. In a way this melt down in the market has proven his point and in rescuing the paper market will lessen the objections to it by provincial mandarins.


Does it all really matter as far as small investors are concerned? My hunch is, not very much. Of course we would all welcome a lean, mean federal commission spearheaded by a home-grown Eliot Spitzer to keep Bay Street in line. However, that is far from what Mr. Crawford and some of the other reformers have in mind. Their blueprint calls for another bureaucratic restructuring rather than a caped crusader.

Take a look at the Crawford Panel’s proposals. We are to have a new agency composed of 13 provincial and federal representatives, each having a single, equal vote, which would approve all the rules and select the regulators. In other words, the existing 13 commissions would be gathered under one roof and given equal power. The mind boggles. Can you imagine Ontario, Quebec, and Alberta all being consistently on the short end of 7 to 6 votes?

Our Global Capital Markets Plan has four key building blocks.

  • First of all, enhancing regulatory efficiency by creating a common securities regulator that is principles-based, proportionate and tailored to the unique makeup of Canada’s capital markets.
  • Secondly, strengthening market integrity by enhancing investor protection, pursuing the highest standards of governance and enforcing our laws more vigorously.
  • Thirdly, by creating greater opportunity for business and investors by pursuing free trade in securities with the United States and other Group of Seven (G7) countries. And I’ll come back to that in a moment about where that is at in terms of our discussions internationally.
  • And fourth, improving investor information by promoting financial literacy, particularly for young Canadians, by developing new financial education materials.

So these four building blocks make up the foundation of our Capital Markets Plan. None are mutually exclusive. They all support one another, and I would like to take the next few minutes to focus on one building block in particular, and that is strengthening market integrity, which begins with enforcement.

With Purdy's connections to Montreal the city and the exchange, as well as having a home there and being on the Board of McGill. Gee where do you think they would put a national Securities commission.

Canadian Securities Commission,
Calgary, Alta (or Montréal, PQ?)

PORTRAIT OF A CAPITALIST





Purdy Crawford

Purdy Crawford


COUNSEL

Toronto Office Email: pcrawford@osler.com


Tel: (416) 862-5869
Year of Call
Fax: (416) 862-666
Ontario 1958
Nova Scotia 1

Purdy is a native of Five Islands, Nova Scotia, and a graduate of Mount Allison University, Dalhousie Law School and Harvard Law School. He pursued his legal career with Osler, Hoskin & Harcourt LLP, practising primarily in the corporate/commercial area. He left Osler to join Imasco as C.E.O. in 1985 - retiring as C.E.O. in 1995 but continuing as non-executive Chairman of Imasco Limited, CT Financial Services Inc. and Canada Trustco Mortgage Company until February 1, 2000.

Purdy rejoined Osler as Counsel in March 2000. He sits on the boards of several large Canadian and U.S. public companies. Purdy is Chair of the Five-Year Review Committee, appointed to review securities legislation in Ontario, and former Chair of the Securities Industry Committee on Analyst Standards. In 1996 he became an Officer of the Order of Canada. He was inducted into the Business Hall of Fame of Nova Scotia in 1997 and became a Fellow of the Institute of Corporate Directors in 1999. In 2000 he was inducted into the Canadian Business Hall of Fame and named Ivey Business Leader of the Year. He is Chancellor Emeritus of Mount Allison University.

He was the Chairman of the Atlantic Institute for Market Studies (AIMS), Chancellor of Mount Allison University, and Chairman of AT&T Canada Corporation. He was a corporate director for SEAMARK Asset Management Ltd. and is currently a member of the board of the Canadian National Railway Company. He is a Governor of the University of Waterloo.

Timeline: Purdy Crawford

Toronto
Born Nov. 7, 1931, in Five Islands, Nova Scotia
Allstream chair, corporate governance advocate

1958: Starts practising at law firm Osler, Hoskin & Harcourt; specializes in corporate-commercial area. Becomes senior partner in 1970.

1985: Joins tobacco giant Imasco Ltd. as president and COO. Is named CEO in 1986. Transforms it into a diversified holding company.

1995: Retires as Imasco CEO, but continues as non-executive chair until February 2000, when Imasco is bought by British American Tobacco.

G7 Summit, Halifax, Purdy Crawford, co-chairman of the summit sponsorship committee.

1999: Joins AT&T Canada as a director. Becomes chairman a year later. Oversees its transformation into debt-free Allstream.

2000: Rejoins Oslers as counsel. Chairs Ontario minister of finance's five year review committee, which examines securities regulations.

He is chairman of the Ontario Government's Crawford Panel on a Single Canadian Securities Regulator.

Director MTS/Allstream

Purdy Crawford Named Conference Board's 2003 Honorary Associate


The CPP Investment Board has hired Toronto lawyer Purdy Crawford as an external adviser on conflicts of interest and ethical conduct, providing a new contact for whistleblowers.

John MacNaughton, chief executive officer of the CPP Investment Board, said yesterday no other federal Crown Corporation has created a similar position with an outside, independent person in the job.

The CPP Investment Board was formed in 1997 to manage the assets of the Canada Pension Plan.

It is currently responsible for overseeing $31-billion in equity, real estate and infrastructure assets, and will also assume control of a further $35-billion in bonds and cash investments over the next few years.

Clearwater Seafoods Income Fund, the Board of Directors of CS ManPar Inc. (the managing partner of Clearwater Seafoods Limited Partnership),

CRAWFORD, Purdy, O.C., Q.C., B.A., LL.B., LL.M.; b. Five Islands, N.S. 1931; e. Mt. Allison Univ. B.A. 1952; Dalhousie Univ. LL.B. 1955; Harvard Law Sch. LL.M. 1956;

Member of the Board of AT&T Canada
Member of the Board of Avenor
Member of the Board of Camco Inc.
Member of the Board of Canada Trustco Mortgage Company
Member of the Board of Canadian National Railway
Member of the Board of CT Financial Services Inc.
Member of the Board of Dominion Textile Inc.
Member of the Board of Foot Locker
Member of the Board of Imasco Limited (as Chairman, 1985-2000)
Member of the Board of Inco Limited
Member of the Board of Maple Leaf Foods (1973-)
Member of the Board of Nova Scotia Power
Member of the Board of Petro-Canada
Member of the Board of Trinova Corporation
Member of the Board of Woolworth (-1997)

Governor Emeritus, McGill Univ.; Chancellor, Mount Allison Univ.; called to Bar of N.S. 1956, of Ont. 1958; student with Osler Hoskin & Harcourt 1956, Assoc. Lawyer 1958, Partner 1962, Sr. Partner 1970-85; cr. Q.C. 1968; Special Lectr. Osgoode Hall Law Sch. 1964-68, Univ. of Toronto Law Sch. 1969-71, Bar Admission Course 1969-72;

Co.-Secy. Atty. Gen.'s Comte. on Securities Leg. 1964-65; Chrmn. Ont. Taxation Sub-sec., Cdn. Bar Assn. 1966-68; Treas. Nat. Taxation Sec. 1968-70; Past mem. various comtes. on taxation and of Bd. Govs. Cdn. Tax Foundation 1970-72; Cdn. Inst. of Ch. Accts. Special Comm. to Examine Role of Auditor 1977-78; Accounting Rsch. Adv. Bd. 1977-79;

Chrmn. & C.E.O., Imasco Ltd. 1985-95;

Officer, Order of Canada 1996;

United Church;

recreations: bicycling, golf, skiing;


Canada's National Ballet School,
Honorary Circle Members

Shannon School of Business

The National Centre for Business Law UBC

Canada's Outstanding CEO of the Year™ Advisory Board

Canadian Institute of Chartered Accountants
Advisory Board

Board Member; Dalhousie University, McGill, University of Western Ontario, UPEI.

Clubs: Mount Bruno Golf; Parrsboro Golf (N.S.); Mount Royal; Forest & Stream; Granite; Toronto; Devil's Pulpit Golf & Country; York Downs Golf & Country; Caledon Ski; The Club Pelican Bay (Florida);

Homes: Five Islands, N.S. (summer) Belfountain, Ont., Toronto, Ont. and Westmount, Que.;

Office: Toronto, Ont.

------------------------------------------------------------------------------------------------
I want to thank Purdy Crawford for his introduction. Purdy is truly a great Canadian. I speak for a whole generation of leaders in many different spheres across Canada – who would say that Purdy Crawford made a difference in their lives. If you had to choose one role model, Purdy Crawford would be, for many of us, our first choice.

Ed Clark, President & CEO, TD Bank Financial Group
Remarks at the 2007 Mount Allison University Convocation.
Of course for workers, Purdy is less of a role model, as he sits on the board of CN. No doubt in part it was thanks to his government connections that helped push the Federal Government to legislate away CN workers right to strike this spring.
So explain to the CN workers about how E. Hunter Harrison's compensation made off their backs, is judged 'equitable'.

65 Means Freedom to Start a Whole New Career - March 15, 2006

Then there's Purdy Crawford. At 74, he serves on several corporate boards and is currently heading the initiative aimed at creating a single national securities regulator.

"I guess I'll slowly retire as I feel less energetic, but retirement is not the way I think about it," says Mr. Crawford, the former chief executive officer of Imasco Ltd.

Canadian workers should prepare to work beyond 65 while Purdy and pals use their pension funds for capital investment and promote extending the age of retirement.

Indeed, on a superficial level the notion of "holding corporations accountable" must seem rather appealing to a relatively broad cross-section of society, including many social and community advocates who have jumped on the corporate governance bandwagon. The language of "social responsibility" is often invoked in discussions of governance reform. Those calling for tighter control over corporate managers are often called "activists." But to whom are they asking that corporate managers be held accountable? And on what criteria? These are important questions not always addressed by those, including those on the left, beating the drum for new governance standards.


While discussing the high falutin ideals of directors control over the corporation, and its impact on CEO compensation he leaves out the need for more civil society representation on the board, from union elected directors to environmentalists, consumer adovcates, non-lawyers, etc.



Early on, the boards I was on were public boards of companies I was the lawyer for. That's a no-no today, and properly so. Boards then, depending on the circumstances, were quite the creation of the CEO. You still get quite a bit of that in the US, but here that shouldn't happen very much anymore. At least it doesn't happen where I'm involved.

Over the last eight or nine years, boards have taken much more control of companies, and CEOs are much more beholden to boards.

When I joined Imasco, I thought I'd been around so I didn't have a lot to learn. That was true of a lot of areas, but it wasn't true of operations. It was an exciting learning curve to understand how Shoppers Drug Mart operates and start adding value.

The same was true with Imperial Tobacco. I became a great believer in great operators. Business schools pay a lot of attention to strategy, but they don't pay enough attention to execution.

I went in at Imasco to become the CEO. I wouldn't have gone to become a lawyer. I might have done that today, by the way--the legal general counsel office reporting to the CEO has become much more significant. The remuneration is comparable to a fairly outstanding lawyer in a law firm. There are no pension plans with a law firm.


"The importance of good governance for confidence in Canadian capital markets" by Purdy Crawford

In the wave of corporate scandals that followed the burst of the bubble on the stock market, confidence in the business community has been badly shaken across North America. And in the subsequent wave of recriminations, business has been confronted with unprecedented scrutiny from government and regulators. Business leaders have been forced to ask about the nature, purpose and value of their enterprises beyond their bottom lines. Purdy Crawford, former chairman of Imasco and Canada Trust, was an advocate of corporate governance long before it became a flavour of the month. He looks beyond the recommendations of the Bennett- Broadbent Report and the Saucier Report in Canada, as well as the Higgs Report in the UK, and offers some simple rules for corporate governance, particularly for enhancing the independence of corporate chairs and directors.

BOARDS OF DIRECTORS - MONITORING FOR
ETHICAL STANDARDS

Purdy Crawford
Counsel to Osler, Hoskin & Harcourt LLP
Thursday October 21st, 2004
Purdy Crawford addressed the
October luncheon on the topic of
fiduciary governance. Mr. Crawford
used the Globe & Mail published
rankings of Boards of Directors
of companies that comprised
Canada’s benchmark S&P/TSX
composite index as the springboard
for his analysis on certain problems
in governance rating systems. He identified the inherent
weaknesses of this “tick the box” type approach to measuring
corporate governance and expressed his personal belief
that good long-term financial performance, or an outstanding
C.E.O., should rank higher than any ranking of the
Board of Directors. Mr. Crawford went on to talk of the
distinction between what he named fiduciary governance
(governance designed to police the integrity of the firm)
and value creating governance, and was of the view that
Canadian corporations have performed far better than those
in the US in terms of the former. Despite the current trend to
regulating fiduciary governance, Mr. Crawford expressed a
firm belief in the importance of sound leadership and
discussed the ethics and integrity program at Allstream
Corporation as an example of a solid and effective
approach. Mr. Crawford concluded his remarks by
emphasising that a culture of ethics and integrity is critical
to market credibility and maintaining confidence in the
leadership of the organization.

Then, in 2002, in the aftershock of Enron, and following investor demands to tighten up shoddy financial reporting practices, US Congress introduced the Sarbanes-Oxley Act and Canadian regulators later responded with their own set of rules. As John Carchrae, CA, chief accountant at the Ontario Securities Commission, explains, this brought greater prominence to the COSO and COCO frameworks which, although already in place, were not yet in widespread use. (For more details, see “Internal control in evolution” below.)

Purdy Crawford, who was president and CEO of Imasco Ltd. from 1986 to 1995 and a board member of several large public and private companies, is one of those who witnessed the changes in the internal auditor’s role first-hand. More than 10 years ago, he says, “the internal audit function in big companies tended to be sleepy. They were laid back, they were not a strong group.”

Eight or nine years ago things started to change, says Crawford, who is presently counsel at Osler, Hoskin & Harcourt LLP and is a member of the Canadian Business Hall of Fame. (He also sits on Manitoba Telecom Services Inc.’s board.) CEOs at the helm of corporate giants like General Electric began recruiting “swat teams” of talented internal auditors to be the eyes and ears of the company, uncovering weaknesses and helping management devise solutions to improve processes. “Today, SOX and proposed Canadian-equivalent requirements have certainly underlined the importance of the internal audit function,” he says. “One big role of internal auditing is to ... help external consultants or financial people to set up control mechanisms if they don’t exist or if they need to be strengthened.”

Not only are highly regarded lawyers such as Purdy Crawford, Q.C., and Jean Fraser, of Osler, Hoskin & Harcourt LLP, Garth Girvan at McCarthy Tétrault, and Les Viner at Torys reading about leadership these days, they are thinking about it, talking about it and taking action. Purdy Crawford, who has rejoined Oslers after most recently serving as Chairman of Canada Trust Financial Services and non-executive Chairman of Imasco, says even before he stopped practising law in 1985 to go to Imasco, he found the Harvard Business Review more interesting than the Harvard Law Review. Les Viner debates theories from the latest management literature. And James Riley at Ogilvy Renault extracts lessons in organizational growth, competition, and strategy from John Keegan’s The Face of Battle and other such military classics. They articulate such psycho-management terms as 360° feedback, EQ, and the importance of “vision”. What has the world come to?! These are supposed to be hardened, no-nonsense corporate lawyers.

“There is a revolution brewing,” exclaimed Tom Peters in 1989. That revolution, the Information/Technology Age, has since arrived and has far exceeded Peters’ predictions in terms of how massively and pervasively it would impact on the rules of economic wealth and growth, what competitive advantage is, and how people live and work. There is another revolution brewing today: in professional services. As global legal services converge and consolidate, as multidisciplinary practices enter the market, as corporate mergers escalate causing even more consolidation in the business client base, and more and more work is transacted cross-border, Canadian law firms find themselves in a difficult position. By all accounts, business is booming.

Of course not everyone is so enamored with Mr. Purdy's defense of corporate Canada when it comes to white collar crime.

ASC Chairman Bill Rice and Other Securities Regulators & Experts
Ignore Today's Canadian Press-Decima Poll

Add Alberta Securities Commission Chairman Bill Rice to the list of Canada's securities regulators and legal experts trying to convince us there are few high profile white collar crimes in Canada and that Canadians are less aggressive in the pursuit of law and order than Americans. Bill Rice, David Brown (former OSC Chairman and Current Chairman of the RCMP Restructuring Task Force) , David Wilson (current OSC Chairman) and Purdy Crawford (Bay Street securities lawyer and recognized architect of Canada's current securities enforcement system) are out of sync with the knowledge and standards set by Canadian society, as they are expressed in today's Toronto Star - Canadian Press report on the Canadian Press - Decima poll of Canadian attitudes towards the U.S. Conrad Black verdict and his expected jail sentencing.
"The survey of more than 1,000 Canadians found that only 8 per cent think the American jury was too severe in convicting Black on four of 11 charges earlier this month. Forty-eight per cent say the jury got it about right and 22 per cent said the verdict was not severe enough.
"Decima found that most respondents  69 per cent  would like Black to see jail time in addition to paying a fine. Just 10 per cent believed a fine is ample punishment. Some 29 per cent felt he should be sentenced to 10 years or more in prison, with another 40 per cent feeling that one to nine years would suffice."

Meanwhile, this is what Bill Rice, David Brown, David Wilson and Purdy Crawford have had to say about white collar crime in Canada:
"There's always room to improve, admits Alberta Securities Commission chairman Bill Rice. That includes changing the perception that Canada doesn't aggressively pursue rogue executives. Rice, a former securities lawyer, feels Canada too often is an easy target. Without a trial to match the visibility of Enron or WorldCom, regulators here come up short by comparison. The reality, he says, is that aggressive, U.S-style punitive action isn't the Canadian way when it comes to stock market scandals. "There is an extreme cultural difference in our approach to criminal law enforcement. We certainly don't send people away for 25 years for these kinds of things. "I happen to think our public would be horrified by it."
(Calgary Herald, "Business Scandals dog Canadian markets," dated May 28, 2007)


"David Brown, past chair of the OSC, said, "Canada's come a long way ... I think all of the pieces are in place now. We all need to give it a little more time." And he added that the lack of high-profile convictions in Canada could have something to do with a lack of high-profile crimes. "We don't seem to have seen here in Canada the high-profile failures that they have in the U.S.," he said." (Toronto Star, "Soft on White Collar Crime," May 29, 2006)



"But a small minority of firms and individuals prey on investors. Unfortunately, this small group has a disproportionate impact on the perception of Canadas capital markets. I understand the challenge of trying to close a gap between perception and reality." (OSC Chairman David Wilson Speech, "A Common Objective: Strong Investor Protection," April 26, 2007)


"Purdy Crawford, a lawyer who headed a commission that urged the creation of a single national securities regulator, said he was disappointed Canada didn't take the initiative to prosecute Black before he went to trial in the United States. "The best thing that ever could have happened to him would have been to have been prosecuted here," said Crawford, although he added the U.S. authorities' "no holds barred" approaches are also overzealous to a fault."
(Canadian Business Online,"Securities Enforcement Still Lacks Teeth Experts Say," July 17, 2007)
Canadians are well aware that economic crime is a serious problem in Canada, so the efforts of Bill Rice, David Brown, David Wilson and Purdy Crawford to coverup this fact are falling on deaf ears. The longstanding efforts of these men to coverup white collar crime and to mitigate Canada's prosecutorial response to it can only be interpreted to be a breach of trust to the Canadian people.

In a recent survey (EKOS Survey, Wave 3, 2005-2006), Canadians said economic crime was the most serious problem in Canada at 67%, gang violence rated second at 66%, and gun crime and organized crime both rated third at 54%. Terrorism rated last at 14%. When asked about what type of crimes Canadians were personally more concerned about, those polled rated economic crime first at 68%, gang violence second at 59%, gun crime third at 51%, property crime forth at 48%. Terrorism rated last at 30%.

(RCMP Integrated Market Enforcement Teams Accountability Framework - Fiscal Year Ending March 31, 2006)

On April 26, 2007, the National Pensioners & Senior Citizens Federation (450 clubs and chapters with 1,000,000 members), the United Senior Citizens of Ontario (1000 clubs with 300,000 members) and the Small Investors Protection Association jointly requested a national inquiry on the malfunctioning of Canada's securities and accounting regulation and white collar crime enforcement system.



Diane Urquhart

Independent Analyst

See:

Sub Prime Exploitation

Canadian Banks and The Great Depression

Wall Street Deja Vu

Housing Crash the New S&L Crisis

US Housing Market Crash

The Carbon Market Myth

Are Income Trusts A Ponzi Scheme

Scandal in the Alberta Stock Exchange


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