RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:No sanctions for 43 out of 45 HCG brokersactually the insurer would be evaluating the value of the mortgages every time they issue insurance and would be reviewing them periodicaly.
there is plenty of independent third party evidence that proves you are wrong.
As well the independent auditor would have dug deeper during these period in order to protect their reputation given the high profile of the situation and would have pushed for higher loan loss provisions, if it warranted.
walker- also is gone.and I think you misunderstand the busines with walker.
they stopped dealing with him TWO MONTHS PRIOR TO HIM BEING APPOINTED TO THE BOARD. you have your facts wrong again. you are just parroting the short bloggers without checking or veriftying the facts it was disclosed and all the analsyts have indicated that this is a common practice of how other insitutions get rid of their non performing loans.
"In a note to investors, Laurentian Bank of Canada analyst Marc Charbin said the Seeking Alpha report was “inflammatory in nature and omitted material details” and that he didn’t believe Home Capital was required to disclose Mr. Walker’s past financial dealings with the lender."
and so what if they get rid of their non performing loans? It means they aren't tying up capital into crappy bad debts and deploying capital where it can make decent returns.
the reality is that the general economy is good, people have jobs and interest rates are at all time record lows. these are unasailable facts. The home cap book is solid.
Why would the OSC let the RCMP handle this? that makes no sense? you are evading the answers. and why wouldn't the RCMP file criminal charges already if its such a strong case?