The Road Show is over

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purdy2 (3K)

Ladies and Gentlemen, Purdy Crawford has left the building.

It's Love, Brother Love
Say Brother Love's Travellin' Salvation Show-ow (halle-halle)
Pack up the babies and grab the old ladies
And everyone goes, 'cause everyone knows, brother Love's show

from Brother Love's Travelin' Salvation Show by Neil Diamond

Love Brother Crawford's Traveling Salvation Show has breezed through Montreal Toronto, Edmonton, Calgary and Vancouver.

The people are not pleased. The restructuring proposal, at 385 pages long, is vague, hard to understand, and misses the point.

Media coverage is extensive now, and the sympathies are turning in favour of the hapless retail investors. They are not greedy, they are not sophisticated, and, to the surprise of some, they are not dumb either.

Here are the news stories from the last 3 days. It is getting very, very interesting.

More media links can be found at

Firm invites hedge funds, private-equity groups to bid on frozen notes
John Greenwood, Financial Post
Friday, April 4, 2008
news A $34 billion made-in-Canada mess
Deirdre McMurdy
April 03, 2008
news Caisse faces demands to lead bailout
Boyd Erman and Tara Perkins
Globe and Mail
Thursday, April 3, 2008
news ABCP: Top them up
David West
Canadian Business Online
April 3, 2008
news Retail investors in frozen debt seek help from hedge funds
CBC News
Thursday, April 3, 2008
news Angry investors risk losing savings
John Bermingham
The Province
Thursday, April 3, 2008
news Investors not impressed with ABCP proposal
Fiona Anderson
Vancouver Sun, Thursday, April 3, 2008
news ABCP investors seek alternate bids
John Partridge and Tara Perkins
Globe and Mail Update
April 3, 2008 at 11:59 AM EDT
news ABCP investors to sell votes to highest bidder
Duncan Mavin
Financial Post
Thursday, April 03, 2008
news ABCP holders threaten to call in vultures
Andrew Willis
Globe and Mail blog
April 3, 2008
news Crawford faces fresh front in ABCP revolt
John Greenwood
Financial Post
Thursday, April 03, 2008
news Canaccord Clients Should `Pressure' for Debt Deal (Update1)
By Doug Alexander
April 2, 2008

news Disgruntled investors confront committee
Bay Street group pitches salvage plan Gina Teel
Calgary Herald; with files from Canwest News Service
Wednesday, April 02, 2008
news ABCP road show hits brick wall
Tara Perkins
From Thursday's Globe and Mail
April 2, 2008 at 7:32 PM EDT
news Fund Has $100M Marked For ABCP
John Greenwood
Financial Post
Wednesday, April 02, 2008
news Investor confusion reigns
Tara Perkins
Globe and Mail
April 1, 2008
news ABCP investors didn't see pain coming
Carrie Tait and Gordon Jaremko
Financial Post and Canwest News Servic
Tuesday, April 01, 2008
news ABCP fallout leaves investors reeling
Gordon Jaremko
Edmonton Journal
Tuesday, April 1,2008