Longshoreman Strike

[Darts]

Also remember very well a Liberal prime minister that would visit occasionally.

Very common for a former politician to join a corporate board or a law firm.

I still think Freeland can easily make $3mm a year as a vice-chair at one of the big banks if she leaves politics.

 

[Not getting younger]

To be perfectly clear…He was Prime Minister…..very friendly with our CEO he was. I reported to the head of North America who reported to the CEO who reported to the board….Everyone has marching orders….

Should also maybe add, that one reason I left Bay Street, was because one of our foreign offices was seized for tax evasion and money laundering. Not for activities in Canada. But I guess they ( foreign country) didn’t like the way tax laws were being bent……..Take that for what it’s worth. Aka doesn’t mean they had a case but…

Either way.
“Profits” are just a number. There is a lot more to it.

 

[Darts]

My memory is a bit hazy. I vaguely remember one of the things Brian Tobin did after retiring from politics was to join Consolidated Thompson as CEO and soon thereafter made a fortune when that company was taken over.

He is or was a vice-chair of BMO.

 

[Not getting younger]

Well I can say this much. It was either Martin or Chrétien.

Not sure, what the actual percentage is. Back in the day, when politicians were actually somewhat capable. Had, backgrounds, or abilities versus popularity contest on social media. An awful lot were lawyers, business owners etc. Makes sense, no? What is government ( Prov or Fed) but a massive business…..and what is cabinet but a board……and what are tax payers but shareholders…..And yeah, a lot when they leave politics end up on boards.

Regarding profits.
Again, just for visualization.We started with $250,000,000 in capital. Said public service pension fund owned 25% of us, two others owned 25%, the rest was private investors and employees.

Leverage and financial know how/creativity allowed me to run a book with $12,000,000,000 in assets and liabilities. My mandate was to generate 20-45 basis points (0.2%-0.45%) in revenue ( or profit) off the capital at risk per trade ( strategy)..Some would have been paid out in the way of bonuses, and “dividends” to share holders, some retained earnings, etc etc etc.

 

[Darts]

Hence, I still say Miss Freeland will land a cushy job as vice-chair at one of the big banks when she leaves politics.

Brian Tobin is/was vice-chair at BMO.

Jim Prentice was vice-chair at CIBC before the accident.

 

[Not getting younger]

Hence, I still say Miss Freeland will land a cushy job as vice-chair at one of the big banks when she leaves politics.

Brian Tobin is/was vice-chair at BMO.

Jim Prentice was vice-chair at CIBC before the accident.

Not sure about a Sched A. They actually have standards and shareholders they care about. She’s naught but a journalist and idealist. Could see her Landing a cushy gig with a “green” company or advocacy. Possibly a highly paid “consultant” whose ties to Ottawa are worth $$

 

[Darts]

The word on the street is that the longshoremen and women got a pay increase north of 19%. My internet search did not confirm nor deny the number