cAN sOmEBODY eXPLAIN wHAT hAPPENED?

[quote author=Chin link=topic=85547.msg535016#msg535016 date=1385586177]

he Bankers in the US or Canada ..
Solomon Bros often will get a fee of up to 10 % ,
The law firm  up to 5% . Its often taken some in Cash  and treasury shares.

Law Firm can make a lot of money here.
[/quote]

I think you mean the Chartered Accounting Firm.

CPA in America.

[quote author=Chin link=topic=85547.msg535050#msg535050 date=1385591444]

Do you know a name or the law firm involved ?
[/quote]

KPMG ...but it is a Chartered Acocounting Firm !

that ususally do IPO ( public offering of shares et cetera )

Lots of other Chatered accounting firms does the FINANCE for the VENTURE capitalist ! 

The CPL was a Venture capitalist from Pakistan :

whom sold say the Guyana franchise to the Pharma Company :

that sells guyana's native invention , Limacol !

then the Venture capitalist .....disappears  8)

[quote author=ali link=topic=85547.msg535091#msg535091 date=1385600576]
The International Monetary Fund says Canada is exposing itself to risk by insuring mortgages through the Canada Mortgage and Housing Corporation and recommends scaling back the federal housing agency.
[/quote]

There are private corporations COMPETING with CMHC !

I used GE Capital many years ago (General Electric ) 

[quote author=Chin link=topic=85547.msg535111#msg535111 date=1385604098]

Don't you think its the prudent way to have at least 25% down payment on a home.
[/quote]

Tell me you are Joking !  :

who is going to have money to wait till they have 25%

Exactly.

The whole purpose of High ratio mortgages.

CMHC was CREATED to ensure people like new immigrants can OWN a home :

WITH just 5 %

It is a Federal Agency ( that is owned by the people ) 

[quote author=Chin link=topic=85547.msg535111#msg535111 date=1385604098]

You will get a better mortgage rate and don't need CMHC Insurance which is expensive.
[/quote]

The " expensive " Premium is added on the the mortgage.

AND you have 25 years amortization to Repay over that 300 payments 

Besides , it is a declining premium amount between 5 % - 15% down payment !

hahahahahaha...Chin !!

I have worked for a CA firm for ages .

AND have represented Venture Capitalists 

[quote author=Chin link=topic=85547.msg535184#msg535184 date=1385649453]

Your comments say you know little about M&A , or Investment Bankers and what they do...

I must go I have a busy schedule.May be back at lunch time.
[/quote]

Mergers and Acquisitions are the money making line of CA firms

SO is Initial Public Offerings ( IPOs) of shares and debentures in those " acquired " companise !

Investment bankers are also known as Venture capitalists .

sorry U are busy Chin ....we will IRON this out when u have a moment