The Bank for International Settlements is asking (nicely) that banks stop lying about their losses and overstating their asset values. Otherwise, taxpayers will have to pick up the tab, again.
LNG exports may fuel Canadian gas M&A activity
Petroliam Nasional Bhd’s purchase of Progress Energy Resources Corp. may trigger similar deals for cash-strapped Canadian producers.
Hunter Harrison tapped as Canadian Pacific CEO
Somewhere, Bill Ackman is smiling.
Enbridge’s retiring CEO wishes pipelines weren’t such a hot topic
In his exit interview, Patrick Daniel reflects on his next steps, the controversy over Northern Gateway and no longer having to go to the coal shed to keep the home fires burning.
Alberta Oilsands takes shareholder spat to court
An ugly situation gets uglier.
Peter Madoff heads to jail
Bernie Madoff’s chief compliance officer expected to plead guilty to falsifying documents, filing false tax returns and lying to regulators.
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