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Strategies & Market Trends : Canadian Options -- Ignore unavailable to you. Want to Upgrade?

To: notredame who wrote (1180)	6/9/1998 9:30:00 AM
From: X Y Zebra	Read Replies (3) \| Respond to of 1598

Let's just recap how I invest in Canada: 1. I bank at one of only 6 major banks available. 2. I get research from an investment firm owned by said bank. 3. I invest my money at said investment firm. 4. The stocks I buy are from an exchange that is owned by the aforementioned 6. Sounds like a pyramid scheme to me. No wonder crooks like Walsh(BIH), and Felderhof and the Russian Mob can launder there money here. With due respect, and not meant as a criticism, [more being curious than anything else], but given the above scenario, together with the fact that today, one could invest from anywhere, and obtain the needed information to accomplish the same, why on earth would anybody would want to invest in the Canadian exchanges as described above. I agree with the criticism to the TSE, and without being contentious, I would say, screw these damned bastards, I will simply take my money (and business), elsewhere, to a place where the playing field is a little more leveled. Today there are a number of tools that may make the quest for a better venue a feasible possibility. If enough people were to do the same, then these villains would either mend their ways or screw themselves into oblivion, as there would be no one to screw up... It may sound simplistic but in a way it is the hand of the free market that will truly force them to mend their ways, as things are, I see little chance that a bureaucrat will force his cronies to become more efficient. As usual with these monsters, there is no motivation to do so, why would he care? Only my opinion. However, in the mean time, give hell to these bastards.