Ron:

Do you think Ralph should resign, or is he just a victim. Looks like another Liberal crook is surfacing.
I want to know if Greystone did any trading in those critical hours.

Makes this statement kind of ironic, doesn't it?

Ralph Goodale, Minister of Finance, wrote to SIPA on May 31, 2004;
“I share your view about the importance of investor protection. Indeed,
one of the fundamental objectives of securities regulation is to protect
investors from unfairpractices. It is imperative that any reforms to our
current system of securities regulation measure up to this objective.”

From:

http://www.osc.gov.on.ca/Regulation/Rulemaking/Current/Part5/Comments/52-111/com_20050214_52-111_buells.pdf

Goodale now Stronach. The Princess of Principles is being investigated for overspending last election. Given that Liberal campaign workers are being called in over Christmas, supposedly at the Liberals' expense and not taxpayers, one wonders whether ITscam isn't Ontario's version of brown envelopes and kickbacks. All those who got a head up put their wads of cash in envelopes to help the party through the campaign. It's no secret that the Liberals are broke.

Paris Stroncach.

it wasnt a hidden agenda , it was a hidden expense receipt.

she fits in better than ever now.

"Honest Ralph"??? ...hmmfff

Oh please let this be true. I recently asked my financial advisor, who I've dealt with for 15 years and trust, why I should have faith in the Canadian investment market in light of the apparent insider trading that occurred with the income trust fiasco. He agreed with me that it is likely that insider trading occurred, in his opinion, and that I have no reason at all to have any faith in the Canadian investment market. Given that response by my financial advisor, if the liberals get reelected I am going to liquidate all of my investments and invest in real estate. However, if this scandal gets seriously and fairly investigated, maybe enough voters will finally get it and send the liberals to the electoral hinterland they deserve. That is the one and only thing that can restore my faith in the Canadian investment market at this point.

I was searching the OSC and could find nothing there.If they have they havn't put up any news realeases about it.

Lyle B. - don't go putting all yer eggs in one basket with real estate! I'm a real estate broker and let me tell you, there really is a real estate bubble. If you're not too close to retirement then feel free to invest in RE, but if you're going to rely on a retirement income from RE then I strongly urge you to take your investment advisors advice.

You tell 'im, Bacardi B!

Anyhoo, back to income trusts. If this hits the news, will Ralph try to ride it out, or will he actually resign?

Curious how all these leaks are bearing fruit so suddenly, and just as Martin is dropping into a dizzying, downward spiral: Ignatieff on the use of torture. McKenna on a staged Washington visit. Goodale on breach of Cabinet secrecy. Stronach on hidden election spending...Surely it's merely a coincidence that every one of those named happens to be a leadership rival.

Smells like little Scottie Read to me!

I'm laughing here. I'm wondering if Angry's inside source is the same squat who posted on here the New Orleans police had shot and killed "about six or eight hundred people" during Hurricane Katrina. Promise me you people won't attempt to breed.

Mike...If the evidence is conclusive he should do more than resign. He should be charged to the full extent of the law and even do jail time if that's what's called for.

This kind of insider trading crap happens far too often and is not the exclusive domain of Liberals.

be careful of liberal leaks in the coming weeks
Kate

I wonder how Goodale is polling in his own riding of Wascana? Is it another swing riding? People of Regina, you can fix this yourself by doing the right thing January 23rd.

Don,

Why is it that on every post you fail to have anything to add, and yet insult people based on your preception of their age, appearance or intellect?

Just listening to Don Newman's program in the background. Interviewing a chap from Ontario who brought up the Belinda campaign, but with NO MENTION OF THE EXPENSIVE PARTY. In fact, the commentator thinks (his opinion only) that she'll win the riding handily.

Maybe Daddy bought the whole damned thing.

Don, your flight to Hans Island leaves in one month, better start packing.

Now just wait a damn minute Bruce Randall. Who are you to send Don to Hans Island.

I have declared sovereignty over my Island.

Us artic foxes and artic wolves take strong exception being lumped in with such people as Adscam Liberals and your proposed Don.

Don Juan may screw a lot of people, but we are tired of the liberal screw.

Whats more is we are seriously getting ready for Operation St. Nicolaas and we have more than enough coal for the "naughty list".

I remain yours sincerely,

Hans-Christian Georg Rupprecht BGS, PDP, CFP

Commander in Chief

Frankenstein Battalion

Knecht Rupprecht Division

Hans Corps

1st Saint Nicolaas Army

Army Group “True North”

I'll put money on that the OSC report is released a few days before the election and that they will find that Ralph is innocent of all wrongdoing and that he in inline for a Sainthood once the election is over. You mark my words.

No comment on the "goodies". (heheheh). (Martin's Retreat.... ?) Maybe "Separatist Chicken" was the last straw? >>>

Trail Tales
By DAN DUGAS

OTTAWA (CP) - Look, up in the sky. It's a bird, it's a plane! No! It's Separatist Chicken, and it's after Prime Minister Paul Martin.

When Martin arrived at a Christmas reception Thursday at a restaurant in Gatineau, Que., he was greeted by a fowl sight - someone dressed as a chicken. The chicken held up a sign in French that read "Martin - debate," an obvious shot at Martin's refusal to debate Bloc Quebecois Leader Gilles Duceppe on federalism. >>>
http://www.rapp.org/url/?R1JTCBBT
via cnews>>>>>

Martin takes a time-out
GATINEAU, Que. (CP) - Paul Martin retreated to the family farm for a holiday halftime from electioneering and planned to gorge on goodies instead of politics for a few days. >>>
via cnews

Sorry Hans, I didn't know a third party was claiming Hans Island, but after all your name is Hans, so there you have it. Maybe I should ask the Polar Penal Colony Association if they wouldn't mind sending old Don to the new West Elsemere Prison Farm Ice Cube Factory.

Heads up...Gurmant Grewal's got the goods...on tape...of Liberal malfeasance.

You know Kate, Captain's Quarters has already outdone you and Angry on this scandal in terms of original, investigative smearing. God, the mediocrity of Canadian bloggers...

There is something rotten in Denmark as the old saying goes. There needs to be an investigation of the whole sordid affair.
If good old Ralph and his department are innocent that needs to be confirmed by the proper independent authorities. The financial markets need this reassurance.
However, I suspect where there is smoke there is fire and somebody told somebody, who told somebody etc. etc. and a lot of people made money on the backs of a lot of other people.
I believe if there is a fair investigation they will find there was a leak in the Dept. of Finance and as such Ralph will need to resign.
It's probably a mute point because the Liberals are going to be sitting on the Opposition benches come the 24th.

For your information...a letter sent to the NY Times, The Washington Post and the Wall Street Journal

From: David Walters
Sent: Thursday, December 22, 2005 12:04 PM
To: 'Arthur Sulzberger'; 'Bill Keller'; 'Caroline Little'; 'Jim Brady'; 'Sonja Zambrana'; 'Karen Elliott House'; 'Paul E. Steiger'
Subject: Public Confidence in Canadian and United States of America Capital Markets

A letter was recently sent to the Securities and Exchange Commission setting out concerns about recent trading activity in stocks, which are listed in both the U.S. and Canada, just prior to a major announcement by the Canadian Government.

Throughout my entire professional career, I have devoted myself to practicing good ethical behaviour. I have reviewed the matters identified in the letter, sent to me and noted below, which is addressed to the Director of Enforcement, Securities and Exchange Commission, Washington, D.C. and I am concerned. It is my view that any time that there is a dramatic increase in the trading volumes and share prices of securities, listed for trading on public stock exchanges, before a major announcement by a Government Official, such activities should, indeed, must be investigated by the appropriate Regulatory Authorities. As a former Deputy Director of the Ontario Securities Commission, I am very concerned about the trading activities, on November 23, 2005, in a number of securities listed for trading on the Toronto Stock Exchange and also listed for trading on either the NYSE, the AMEX or the NASDAQ. Such activities may have violated the integrity of the capital markets both in Canada and the United States of America and undermined the confidence that Canadian and American investors have in such markets.

For your ease of reference, I am attaching a list of securities, traded on the Toronto Stock Exchange, which are also interlisted on U.S. Exchanges.

As well, I am pleased to attach a copy of my Curriculum Vitae.

David D. Walters

For your interest, go to www.ndp.ca to see the other letter sent by Judy WLL and Paul Summerville to the U.S. SEC

When is the OSC going to investigate. Are they investigating now? More Librano spin with the assistance of their Poodles in Print?

Class action lawsuits against those who hold public office that assist in covering up: hold them personally liable and strip them of their personal assets. Let them live in cardboard boxes for their malfeasance.

Just another case of the government 'investigating' itself. "Sorry- that information is classified. No- Minister X is unavailable for comment. Etc." Bwahahaha!

I worked with and greatly admire and respect David Walters , his actions in the form of the above letter to the NYT. and Wall Street Journal reinforce my convictions all the more.
Canada needs more ethical people like David Walters back in places like the OSC.

The trading activity means the OSC pretty much has to investigate, but they won't comment on an investigation in progress or even confirm that they are investigating.

The offence will be selective disclosure, which is letting one group have material, nonpublic info in advance of others. They may eventually also catch whoever traded on the info.

That it was a leak is obvious. That it came from government is a near certainty, because hardly anyone else knew in advance what Goodale would say. If there was an investment bank advising Goodale, I can't see them leaking it, as they know the rules and are used to dealing with markets.

It was likely an accident, but that's still illegal.