Here are our editors’ picks of some of the reads of the week. (The articles are available to Globe Unlimited subscribers only.)
From PIIGS to FISH
Remember when the big worry in the euro zone was that the PIIGS would soon be bacon? Now attention is turning to the FISH (France, Italy, Spain and Holland), Carl Mortished writes in ROB Insight, and it’s not over soccer semi-finals.
Don’t try this at home, folks
ROB Insight’s Scott Barlow looks at an investment strategy that will beat the index nine times out of 10. The only downside is that the one time it doesn’t work, you get wiped out.
Notes on a scandal
Amid criminal allegations and millions in missing funds, engineering giant SNC-Lavalin took a battering. A year later, the stock recouped almost all its losses. How? ROB Insight’s Sean Silcoff describes an object lesson in crisis management.
A bad taste in Heinz creditors’ mouths
Not everyone loved Warren Buffett’s big buy this week. With the balance sheet leveraged up to do the deal, corporate bondholders get bumped down the totem pole, Boyd Erman explains in Streetwise.
A government bank? What is this, Europe?
The 170-branch ATB Financial has been a provincial Crown corporation since 1997. But it’s a liability on the government, which has no business being in the business in the first place, says the investment banker who wants to take it private, write Carrie Tait and Dawn Walton in Streetwise.