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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
We shall soon see what happens when a newspaper does not get its money back. Sun-Times reports that the National Bank's of Canada's Ironstone Trust failed to honour $25M that were due August 21 plus $3M yesterday. Coventree's Capital Planer also failed to pay back $3M.
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