Investorial

BCE Deal: Buyers And Sellers, But Who Is The Sucker?

from April 18th, 2007

If you haven’t heard, let me catch you up by saying that Bell Canada (BCE) recently announced that it is in leveraged buy-out talks with a consortium of Pension Plans (including Ontario Teachers Pension Plan) and private equity firm Kohlberg Kravis Roberts & Co. (KKR). The stock price has been pushed up amidst the frenzy created by BCE’s senior management.

I couldn’t express my feelings on this any better than Mark Evans. Mark has been writing about the telecom industry for years. He lays out very nicely talkiing points that mirror my sentiments of this proposal.

But one thing is certain, in the age-old market system of buyers and sellers, both groups are always hoping to outmaneuver each other. To put it plainly, a buyer buys in hopes of profiting, so why would a seller sell if (more…)



Stephen Colbert Creates His Own 401K!

from April 10th, 2007

Nation, if you’re like me, everyone’s crazed about tax season. I haven’t file my taxes yet, but that doesn’t mean I haven’t done my taxes. There’s a difference! More on that next time..

But why is it a “season”? Why worry about it only this time of the year? Shouldn’t we treat it with an around-the-year preparation attitude? I guess one person simply can’t change the mass hysteria around this topic. But one man is doing his best to help you out — Stephen Colbert. He has the funniest solution to all your tax deduction needs. If you find yourself contemplating the implementation Stephen’s 401K idea, check yourself into the looney bin. Tax avoidance should never be the deciding factor on whether to have kids, and it is probably the least effective solution. The video is right after the jump. (more…)