FOCUS - a newsletter from globeadvisor.com
19 Nov 2003
to Advisor Focus |
SPECIAL REPORT: Conrad Black's
Yesterday's Baron Couldn't Adapt
Globe and Mail Business Columnist
Eric Reguly asks: "How did Lord Black go from formidable to
finished in less than a week? The better question is: How did his empire last
Conrad Black's newspaper empire has unravelled. He was a scion from another
era who, some accusers say, played fast and loose with corporate governance.
Read new details on the scandal, and what defenses the key players are putting
Hollinger's Board Served Only One Master
Black's exit from Hollinger came as the result of an uprising by
minority shareholders. A symptom of the tightening current governance
climate, the Hollinger scandal provides a cautionary tale. Read this
report by Globe and Mail Business Reporter and governance expert
Lord Black: The Plutocrat We Love to Hate
Conrad Black's fatal flaw, Globe and Mail columnist Gordon Pitts
opines, was that he thought the rules didn't apply to him. For the sake of
doing it his way, a legacy was tarnished. Read this illuminating article on
the long- ago roots of Black's famous audacity.
RETIREMENT PLANNING: StatsCan
Raises a Red Flag
Poor RRSP Planning May Make for Lean Golden Years
A StatsCan report issued this week provided some alarming numbers
on who gets what out of out of the nation's retirement savings. Some
actuaries report that, while those in good employer pensions will luck out,
other workers may end up with less retirement income than they expect.
MUTUAL FUNDS: Benchmarking
Questions; New Ways To Hedge
STOCK MARKETS: IPO Risks; Tech
Talk; The Street's Losing Streak
Clarington IPO: Reasons for Advisors to be Careful
Clarington Corporation, the firm that owns Clarington Funds, recently
announced its plan to go public. Mutual Fund Insight columnist Dan Hallett
writes: "An IPO by such a successful firm may seem like a no-brainer
investment, but advisors should be careful about jumping head-first into this
puppy." Read Hallett's full rundown on pros and cons of the offering.
Analyst Rethinks Techs
The U.S. stock market is currently struggling through a broadly based
drop. Global uncertainty and cuts in economic expectations produced
profit-taking. Read what bank analysts think will come next.
Wall Street Can't Snap Losing Streak
Read why the technology analyst at Merrill Lynch & Co. Inc. is bullish
on some tech subsectors.