OSC Killing Home Capital Group
http://business.financialpost.com/fp-comment/terence-corcoran-the-kool-aid-man-out-to-kill-home-capital-raises-a-glass-to-the-osc
Author: RiskingTime
Canadian HISA Rates Update
I just reviewed the Canadian High Interest Savings Account rates. Not much has changed over the past year, the major banks are still at 0.75%. The only other issue to mention is about being cautious with issuers when your deposit… Continue Reading
Toronto Condo Apartment Return % Examples
Many people assume someone who owns 3 individual condo apartments in Toronto is getting a free lunch, but the truth is, owning apartments has pros and cons, risks and rewards, just like any other investment. Its difficult to explain how… Continue Reading
Home Capital Buyout Rumours
So who’d want to buy Home Capital Group and why? Before considering who, let’s first consider why. What would the buyer of Home Capital get and how might this transaction be structured? First, could a big bank wring value from… Continue Reading
What Are Bitcoins?
Bitcoins are a form of money. They can be used as a medium of exchange and they’re sometimes used as a unit of account, but they have no store of value. As a form of money, bitcoins are very similar to… Continue Reading
OSC should be blamed for Home Capital destruction
http://business.financialpost.com/fp-comment/terence-corcoran-home-capital-group-didnt-just-fall-from-the-edge-of-a-cliff-it-was-pushed
Home Capital is Desperate
Home Capital Group announced it has secured a $2 billion line of credit that will carry an interest rate of 10% and a 2.5% standby fee. They also announced their HISA deposits have fallen y more than $500 million in the… Continue Reading
Home Capital Group Looking Bad
I remember when Home Capital was a darling of Bay Street, when it was gaining customers by focusing on segments of the mortgage market that were disregarded by the big banks. I remember HCG was issuing credit cards to its… Continue Reading
Free Play at CoinRoster Fantasy Sports
My friends are promoting their fantasy sports site, based on bitcoin, called CoinRoster. As a special promotion, they are giving away 0.02 bitcoins worth of free play to any new user that signs up using a link from my page! The… Continue Reading
Toronto Maple Leafs First Round Odds
Friends of mine have made a bitcoin fantasy sports website called CoinRoster and there are a lot of opportunities for a sharp sports bettor to make profits. The challenge is their site doesn’t have that much liquidity, but over time I… Continue Reading