Quote:
Originally Posted by Azure
How were Canadian banks leveraged compared to their American counterparts?
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Much more modestly - the banks were furious during boomtimes because they couldn't get in on all the speculation and wild profits that other world banks could - including mergers blocked by finance minister Martin.
http://www.thestar.com/News/Ideas/article/557552
http://www.nytimes.com/2009/02/28/op...28tedesco.html