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Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s):  CM | T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.


TSX:CM - Post by User

Post by bert2818on Jan 15, 2008 8:33pm
202 Views
Post# 14208846

is there a problem where you live?

is there a problem where you live?There may not be the fast money around anymore, but there is still plenty of action where I live. 50% of the employable people work for a government or their agencies. 30% for life sustaining enterprises like food/water/transportation, 5% don't work at all,that leaves 15% of the working population at the peril of the mismanagent of the economy. Since it is seldom that more than 20% of them would be laid off,it stands to reason that 3% will carry the brunt of a depression. Let's start cutting costs by putting a ceiling on executive pay starting on top of the payscale and things will even out again. At the other hand, the central banks can keep printing money, the executives and big brass get a bigger pay, the swindlers and other folk can press for higher profit, the unions and organized workers can strike for higher pay... and the pensioners who can't do either, they can die... and every one can live happily thereafter.
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