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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Canuck Dave who wrote (47996)3/31/2009 3:02:20 PM
From: Maurice Winn3 Recommendations  Read Replies (3) | Respond to of 217886
 
The Ontario teachers' pension fund bought Yellow Pages for NZ$2 billion a couple of years ago. geekzone.co.nz

zenbu.co.nz is planning on replacing Yellow Pages at a cost of a thousandth of that. Wait a minute, that would be $2 million. It should be more like 1/10,000th of $2 billion. Offering customers services at a thousandth the price, let alone ten thousandth is a good way to get business. Normally a small percentage discount is sufficient.

Note the "donate" option on the right hand side of zenbu.co.nz It's an advertising-based free service so cash flow is measured in $100s rather than $millions.

Feel free to donate a bit of cash to help along a worthy open-source public service. A new server is needed. $3,894.12 is the cost. zenbu.co.nz is a different company from zenbu.net.nz with different shareholders.

New Zealand has a very good on-line Companies Office where you can find the details on who owns what and so on: companies.govt.nz

New Zealand's government investment projects are in the hole like the Canadian investments. Baby boomers who haven't provided for themselves might find old age problematic at best.

Japan has loaned NZ $160 billion or so to enable people to revalue their houses upwards. 4 million people = $40,000 each, or $160,000 per actually productive person [old, young, unemployed, beneficiaries, housewives, government 'workers' etc don't count]. That's a lot of money to repay and on which to pay interest while trying to repay it in an economy with a banana republic GDP per capita, especially when much of that GDP was derived from the boom from borrowed money.

If I was an Ontario teacher, I wouldn't plan on depending on any income from "Yellow Pages".

Mqurice



To: Canuck Dave who wrote (47996)3/31/2009 4:38:15 PM
From: gg cox  Respond to of 217886
 
Sir Brian of Tobin recommending Rim at $130 and again under $100 on BNN ,after his minister ships.
He was going to see to it that Canadian north had high speed internet and that didn't pan out either.
To his credit he stopped those greedy Spanish from poaching Canadian fish.<g>the ones with the maple leaf on their tails.



To: Canuck Dave who wrote (47996)3/31/2009 10:13:02 PM
From: Bat Man  Read Replies (1) | Respond to of 217886
 
> Brian (no-brain) Tobin < finance minister? I heard Cramer saying what a steal NT was at $46.



To: Canuck Dave who wrote (47996)4/3/2009 11:13:07 PM
From: elmatador  Read Replies (1) | Respond to of 217886
 
Teachers' arrogant role at Nortel, BCE

The Ontario government-backed OTPP was a key player in the legal war that ruined Nortel, a battle fought over alleged accounting wrongdoing by former Nortel CEO Frank Dunn. In a bizarrely self-serving move, Teachers participated in class action lawsuits that helped cripple Nortel. With other shareholders in U.S. court, Teachers forced Nortel to settle the suits with a payment of $2.4-billion. That blood money, paid to Teachers and other minority Nortel shareholders, drained the company of cash, hurt its ability to survive and compete and penalized the company and other shareholders who were not part of the suit.

network.nationalpost.com