The deals evoke heady images of the 1980s—corporate raiders in Italian suits, junk-bond wizards being led off to jail, and giant, once-invincible companies being bought and broken up. Certainly the numbers— over $40 billion in mergers and takeovers in little more than a month in New York City and Toronto—would seem to indicate that big deals are back in fashion on Wall Street and Bay Street.By TOM FENNELL, JOHN DALY8 min
It is Friday, 10:30 p.m. and the place is wired. Under a purple spotlight, the lead singer of the high-decibel band Leonard Conan howls lyrics at the sweaty mass of young men and women jostling in the overheated darkness. The crowd is a jumble of goatees, lumberjack shirts, leather jackets, black-rimmed glasses, berets and thick-soled Doc Martens.
It was the night of June 16, 1984, and disappointed supporters of Jean Chrétien were struggling to come to grips with his loss that day to John Turner in the race to succeed Pierre Trudeau. In an Ottawa hotel, Chrétien supporters gathered for a wake, many in tears.
I have been doing some reading about the Irish party in the House of Commons at Westminster in the 1880s. What that has to do with our current politics and the election, I am not sure—probably not much, but it would be more comfortable to be able to say with assurance: “Nothing.”By GEORGE BAIN5 min
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