StockIgloo

Good post, Djmiked. Hopefully, the exchanges (i.e. LSE, TSX) will start enforcing their own rules  relating to transparency & governance of listed companies. Perhaps then the oligarchs will relaize that if they want to participate in our financial markets, they will have play by our rules. This certainly was not the case with Finskiy and his accomplices with the WTG/CMM caper.

I am also hoping this is this beginning of a series of positive articles for WTG. But let me play the Devils advocate for a moment, to consider some possibilities. If the past is any indicator of the regulators, the green light is on for looting of the markets by the Oligarchs entering the TSX, FTSE 100, and all other exchanges they can loot. But one top U.K. investor urges the U.K.’s Listing Authority to look harder at the rules governing entry. The authorities, he says, “should identify these companies as clearly different from conventionally governed and owned stocks in the London market.” The concerns over transparency arise because many of the companies are dominated by a single family or set of shareholders whose interests may be at odds with other investors. Many of the companies who hope to list would keep more than 75 per cent of the shares out of public hands. “Control is the bottom line,” says a director of one of the U.K.’s leading shareholder groups. Does any of this sound familiar, my friends? I fear this is going to be a slow and agonizing wait for"The Boys" to start cracking the whip, and get our "Minority Shareholders" interests back in shape! After all Daniel Majors job is just to be the "Stooge," and go along with ANY scenario they can come up with, including running the ship aground, AGAIN!