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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: SliderOnTheBlack who wrote (15851)	2/26/2009 10:43:54 AM
From: kidl	Read Replies (1) \| Respond to of 50726

I just love these "little" Canadian banks. Too bad our Canadian regulators won't allow them to take over the US banking system for 5 cents on the dollar. Well, on second thought, it's probably a good thing. National Bank to give shareholders voice on CEO Pay BOYD ERMAN Thursday, February 26, 2009 National Bank of Canada will become the first of the country's banks to poll shareholders for their reaction to executive compensation plans, reacting to investor anger that bank bosses are taking home millions even as profit shrinks. National said Thursday that first quarter profit slumped to $69-million from $255-million a year ago because of charges related to the company's holdings of asset-backed commercial paper. That dropped per-share profit for the Montreal-based lender to 36 cents from $1.58. The bank said that starting in 2010 it will submit its pay plans for top executives to a non-binding shareholder vote. The decision comes amid a growing move by bank chieftains to acknowledge that their compensation appeared to many out of line in an environment where bank profits are under stress because of the financial crisis and recession. The chief executives of some of the biggest banks, including Royal Bank of Canada, have declined bonus payments. Louis Vachon, head of National, had come under fire because even as the ABCP situation hampered profit growth, he took home his bonus for last year. “In so doing, the bank is acknowledging the developments of the past few weeks relating to this matter and fulfilling a wish expressed by many of its shareholders,” National said in a statement. National's exposure to asset-backed commercial paper resulted in $184-million of charges in the quarter as the bank cut the value of its own holdings and took charges on credit lines it extended to clients with the paper. The bank ended up at the centre of the ABCP mess and was forced to buy back about $2-billion of the paper from clients. The paper has since been restructured, but the value is still depressed. Without the charges, National said profit would have risen 7 per cent to $253-million as the company made more money on personal and commercial banking services. Revenue declined 6 per cent to $876-million from $929-million. © The Globe and Mail

To: SliderOnTheBlack who wrote (15851)	2/26/2009 10:56:28 AM
From: Eva	2 Recommendations Read Replies (1) \| Respond to of 50726

If I would be an american citizen I would send these facts and opinions to Pres. Obama, of course it would help if you could find a dark coloured kid writing to him, - something like that: "Say Mister president why is it ......etc, you get the drift

To: SliderOnTheBlack who wrote (15851)	2/26/2009 5:58:41 PM
From: I_C_Deadpeople	2 Recommendations Respond to of 50726

And ultimately folding this country into a global government run by, of, and for the elites, and enforced by the American Military and the Intelligence agencies, turned on and against the people. Love your posts Slider...regarding the above, if the controlled demolition of the USA occurs or continues to occur complete with third world debt status, how could the NWO be served by the US Military? Would not the demolition provide the perfect opportunity for BRIQ to effectively 'take over' the world economy and leave the powerz that be out of the picture or at least reduced in power? It would seem to me that the growing debt load of America will eventually result in the US military scaling way back.