There is nothing useful on this web site.
Even though the internet is the source of all truth, the only truth here is that everything else is a lie.
We can forgive a man for making a useful thing as long as he does not admire it. The only excuse for making a useless thing is that one admires it intensely.
All art is quite useless.- Oscar Wilde
Dear CAOABCPC
group members,
Congratulations to all of you for your accomplishment. Canaccord Capital has done what should have been done in the first place! Alone you were nothing, but together you are a force to be reckoned with.
The media heard from you, the politicians started listening, and ALL of those who are handsomely paid to ensure things work properly have reached a pivotal point in their careers.
The job is not done. You have not been paid yet. And trust is in short supply, just like the liquidity all the experts talk about.
This thing, this whole steaming pile of excuses financial taxonomists have labeled 'canadian non-bank asset backed commercial paper', will hopefully become a historical footnote.
But it is wrong that it took 8 months to resolve this. All of you here were stripped of your property and your legal remedies during this time.
We need proper oversight, we need a government that has the will and the power to properly govern in a situation like this, to insure that the individual and entities like 'THE BANK' are on a level field.
Help protect our property and our rights, it is your right and your responsibility too.
Please urge your politicians to create a single national banking and securities regulator or governing body that has the power to investigate and enforce a Canadian rule-of-law.