- What caused a financial crisis so severe that 12 out of the 13 largest were at a risk of failure within a week or two? The Financial Crisis Inquiry Commission blames lax regulation, poor risk management at huge financial institutions, highly leveraged balance sheets and poor crisis management among others. The entire report is available here.
- Blessed by the Potato is hopping mad with a CRTC ruling forcing Teksavvy to match Bell’s outrageous internet bandwidth charges. Shame on you CRTC!
- A recent story in The Ottawa Citizen offers one more reason to be careful about what you post on social media sites: insurance companies are mining these sites for inconsistencies with insurance claims.
- Canadian Money Forum members share a chuckle over Derek Foster’s ill-timed move to dump all his holdings.
- My Own Advisor reviews Lowell Miller’s Single Best Investment, a bible for the dividend investing crowd.
- The Financial Blogger wrote a very funny post making super heroes out of bloggers.
- Larry MacDonald wonders if the rising cost of Government means taxpayers in all brackets are better off avoiding RRSPs. Check out the comments for some dissenting viewpoints.
- Money Smarts Blog offered his take on the new US-Friendly RRSP from Scotia iTrade.
- Financial Highway offers five super smart tricks for living within your means. The key is picking a saving strategy that suits you. Once saving becomes a habit, it becomes easy to stick with it.
- Million Dollar Journey reveals that Derek Foster has published a new book on how anyone can become wealthy by picking “idiot proof” stocks. Put me down in the skeptic column.
- Canadian Couch Potato warns investors against buying a stock just because you use its products or services. One hopes buyers of Derek Foster’s new book are listening.
- Michael James liked Rob Carrick’s Guide to What’s Good, Bad and Downright Awful in Canadian Investments Today.
Just a quick reminder that you can read my posts in your favourite reader or delivered by e-mail. Have a great weekend everyone!
