[lbo-talk] The Canadian banking model

Doug Henwood dhenwood at panix.com
Sat Feb 28 11:24:23 PST 2009


On Feb 28, 2009, at 7:20 AM, Michael Pollak wrote:


> [Can our Canadian friends elaborate on the idea that Canadian banks
> are "all broadly owned by public shareholders." Is that in any way
> different from the normal meaning of being a publicly owned company
> -- i.e., being entirely owned privately?]
>
> [Rhetorically it's a nifty move to say that adopting the Canadian
> model would mean going back to Hamilton's original vision.]
>
> http://www.nytimes.com/2009/02/28/opinion/28tedesco.html

This piece prompted a blog polemic:

<http://doughenwood.wordpress.com/2009/02/28/the-virtues-of-concentration/

>.

Doug



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