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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.
ScotiaBank (BNS) will be opening 3 of its 4 branches in Haiti tomorrow and this weekend. Scotia survived the earthquake largely intact, all its employees are accounted for, but not their family members. There will be heavy security in the branches.
Citibank will operate one cashier/counter inside one these branches
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