Wonder If Anyone Has Added Up How Many BillionsHave been lost in the last 15 years by large funds shorting the Canadian Banks. This will be just one more set that loses money because they don't understand Canadian Banking. TD can pay the break fee and walk away from Horizon if Horizon won't negotiate, they have more than enough Capital to zero their Schwab investment and the whole Canadian Real estate thing is a red herring, all the Banks have very large mortgage portfolios. Seen this rodeo many times before, not worried.