Daily Archives: December 31, 2003

Sour milk

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What’s worse, someone stealing a purse, or someone stealing billions from hundreds of thousands of investors?

Parmalat’s jailed founder, Calisto Tanzi, has admitted to prosecutors that he shifted euro500 million ? roughly $620-million (U.S.) ? from Parmalat’s coffers to loss-making travel businesses controlled by his family.

Are they sure his name isn’t Ponzi?

The SEC, which has alleged Parmalat engaged “in one of the largest and most brazen corporate financial frauds in history,” is seeking civil penalties and repayment of any ill-gotten gains with interest for U.S. investors, who hold some $1.5-billion in its bonds and notes.

Parmalat’s auditor needs to at the very least lose their credentials.  As for me, I’ll be switching milk brands.

Christie on Street Justice

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There is always a rest of the story, so here it is, telling you what the headlines don’t on yet another Toronto murder.

Toronto homicide detectives may think instead of how crude street justice got Mr. Sweeney in the end: He was, they say, essentially executed at the G-Spot nightclub in the early-morning hours of Dec. 22 .

Trudeau’s Charter continues to release criminals faster than the cops can catch them.  Half of these guys would be alive today if they were in jail.

And the lawyers get richer.

Fiberal alert

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Get ready for another broken promise – the Liberals will no doubt not even try to keep the lid on next year’s 407 toll increase.

During the recent provincial election campaign, Liberal Leader Dalton McGuinty, now premier, said he would roll back tolls on the highway.

…this promise is right out of Crouton’s GST book of red lies.

Continue reading →

The New Toronto

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Happy new year to all, and here’s looking back at the new, lawless Toronto.

Ellis said he’s disturbed by what appears to be an emerging class of callous, violent criminals in the city. “To me there’s a lack of sense of community value, … a lawless subculture that’s out of control.”

Gangs are the new families of the 2000s – complete with capital punishment without trail for the slightest transgression.  To think you boomers thought the strap was bad.

Thanks – but we still hate you

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From the hyprocrisy files comes this bulletin:

Khatami also thanked “anybody who has offered assistance, including the Americans.” But he downplayed talk that Washington’s contribution, among the largest from nearly 30 countries, including Canada, would thaw frosty relations between the two countries.

“Humanitarian issues should not be intertwined with deep and chronic political problems,” Khatami said. “If we see change both in tone and behaviour of the U.S. administration, then a new situation will develop in our relations.”

Sending millions in aid doesn’t constitute a tone?  Glad the Iran government sees taking care of its citizens as separate issue.

Is there a doctor in the house?

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This woman sure was on the right plane.

A grandmother who suffered a heart attack on a plane could not have wished for better care…When the stewardess put out the call: “Is there a doctor on the plane”, 15 cardiologists stood up to help 67-year-old Dorothy Fletcher.

See, there is good news in the world.

:neale: