The Proverbial Fix Is In: May 2015

Saturday, May 30, 2015

THE #BMO story and my beef >>Archived BLOG POST since December 2014

#BMO @BMO @TWU decision unreasonable, federal government argues #Money #investing #finance #MoveMyMoney
Blog Archive

As of 11:46 ET, Saturday May 30, 2015 #BMO stocks are going DOWN #BMO @BMO #TWU #Money #investing #finance #MoveMyMoney

7975

Down with Fish and company SEE OTHER BLOG POST >>>> >>>> >>>>> >>>>>
http://theproverbialfixisin.blogspot.ca/2015/05/the-bmo-story-and-my-beef-archived-blog.html

#BMO @BMO TWU decision unreasonable, federal government argues #bmo #Money #investing #finance #MoveMyMoney

SEE WHY MR. FISH should move on >>>>>>>

Mr Fish Bio

Executive Committee

Simon A. Fish
General Counsel, BMO Financial Group

Simon Fish is General Counsel of BMO Financial Group.
Mr. Fish is responsible for the overall legal affairs of the bank including the compliance, corporate security and corporate secretarial functions. In addition, Mr. Fish oversees the bank’s ethics and privacy, ombudsman and corporate sustainability functions. His responsibilities include mergers and acquisitions, securities and banking regulation, corporate governance and complex litigation. He serves as counsel to the office of the Chairman and the Board of Directors. He is a member of the bank’s Management Committee.
Mr. Fish joined BMO from Vale Inco where he served as Executive Vice-President and General Counsel. Prior to that he was Vice-President, General Counsel and Corporate Secretary of Shell Canada. Before joining Shell, Mr. Fish practiced corporate and securities law with an international law firm. He holds undergraduate and masters degrees in business and law.
Mr. Fish serves on the boards of a number of non-profit and charitable organizations.

As of 11:46 ET, Saturday May 30, 2015

	Last	Change
BMO TSX	75.91	-1.20
BMO NYSE	61.10	-0.84
TSX Comp	15,014.09	-92.91

Saturday, May 23, 2015

#BMO see the Ballance sheet for yourself

see also http://theproverbialfixisin.blogspot.ca/
7755/ 7909 28-05
Balance Sheet Bank of Montreal

Total Assets

0 200B 400B 600B 800B

Jan2014 Apr2014 Jul2014 Oct2014 Jan2015

Jan 2015

5-quarter trend

Investments

280.45 B

Net Loans

313.24 B

Total Deposits

405.47 B

Tier 1 Capital

27.13 B

Book Value Per Share

52.98

Friday, May 22, 2015

#BMO @BMO TWU decision unreasonable, federal government argues #bmo #Money #investing #finance #MoveMyMoney

SEE ALL MY BLOG POST http://theproverbialfixisin.blogspot.ca/ since December 2014
#bmo #Money #investing #finance #MoveMyMoney

TWU decision unreasonable, federal government argues

Written by Glenn Kauth Monday, 04 May 2015

http://www.canadianlawyermag.com/legalfeeds/2675/twu-decision-unreasonable-federal-government-argues.html?utm_content=bufferbc040&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

While the question of alternative business structures dominated the recent Law Society of Upper Canada bencher elections, there’s another major issue about to take centre stage: the decision to accredit or not Trinity Western University’s planned law school.

Education and regulation of the legal profession are provincial jurisdiction, says Paul Saguil, calling the federal government’s intervention ‘perplexing.’

Ontario’s Divisional Court will hold four days of hearings on TWU’s challenge of the LSUC’s decision not to accredit its law students starting June 1, according to Paul Jonathan Saguil, one of the counsel representing interveners Out on Bay Street and OUTlaws along with Marlys Edwardh, Vanessa Payne, and Frances Mahon of Sack Goldblatt Mitchell LLP.

Their clients are among the interveners that filed factums in the case last week, including the federal attorney general, which is arguing the law society’s decision not to accredit the school was unreasonable.

“The appropriate standard of review of that decision is reasonableness. The Attorney General of Canada (AGC) submits that the decision of the Law Society of Upper Canada (LSUC) was not reasonable. . . . The public interest does not require banning all students from Trinity Western University from becoming members of the Law Society of Upper Canada (the end result of the failure to accredit Trinity’s Law School). This is a disproportionate approach as the LSUC can deal with discriminatory conduct of a member on an individual basis,” writes Christopher Rupar for the federal attorney general, in arguments filed April 30.

A key issue in the debate, of course, has been the Supreme Court of Canada’s 2001 decision in favour of the university in Trinity Western University v. British Columbia College of Teachers. In the federal government’s factum, Rupar suggests the 2001 decision had already dealt with the issue of reconciling competing rights under the Charter of Rights and Freedoms in the context of TWU’s community covenant that’s at the heart of the current case.

“The AGC agrees that the LSUC cannot engage in discriminatory practices. However, it should be noted that in BCCT 2001, there was no suggestion that the British Columbia College of Teachers would have been acting in a discriminatory manner had they initially approved TWU’s school,” writes Rupar.

“Banning all students from Trinity Western University from becoming members of the Law Society of Upper Canada (the ultimate result of the failure to accredit Trinity’s Law School) is a disproportionate answer to the issue of possible future conduct of a member of the Law Society of Upper Canada that may not be in accordance with the professional conduct standards of a member of the Law Society,” he adds.

The factum points out, as the SCC noted in the BCCT case, a regulator can discipline any individual who “who acts in a discriminatory manner. Individual assessments of discriminatory behaviour is a better approach than making assumptions against an entire class of students.”

Arguing in support of the LSUC’s decision against accreditation are OUTlaws and Out on Bay Street.

“The LSUC was not obliged to accredit a law school that effectively blocks access to the legal profession for lesbian, gay, bisexual, transgendered/transsexual and queer (‘LGBTQ’) people,” wrote the lawyers for the two organizations in their factum. “TWU’s Community Covenant creates real and meaningful barriers to the legal profession for LGBTQ persons, who cannot attend TWU without experiencing discrimination through the Covenant’s mandatory character, the fact that signatories to the Covenant are required to report infractions, and the harsh discipline that may be imposed (including suspension and expulsion).”

The lawyers for the two organizations also challenged the notion that the 2001 Supreme Court decision is determinative of the current case.

“The judicial condemnation of discrimination against LGBTQ people across many areas of life is a major evolution on the contemporary understanding of LGBTQ personhood since BCCT,” they wrote.

“The Supreme Court of Canada unanimously held in [Canada (Attorney General)] v. Bedford that its precedents may be re-visited when ‘new legal issues are raised as a consequence of significant developments in the law, or if there is a change in the circumstances or evidence that fundamentally shifts the parameters of the debate.’ The LSUC was entitled to distinguish BCCT and conduct its balancing exercise in light of both the contemporary understanding and jurisprudential principles that have since been developed regarding the Charter values in play, and the different factual record from that presented to the Supreme Court of Canada in BCCT.”

While the two groups are asking the court to dismiss TWU’s application for judicial review, the federal government said as an intervener, it takes no position on the ultimate outcome.

The case has attracted a number of other interveners, including the Christian Legal Fellowship, the Evangelical Fellowship of Canada, Christian Higher Education Canada, the Justice Centre for Constitutional Freedoms, the Criminal Lawyers’ Association, and The Advocates’ Society.

Noting that education and regulation of the legal profession are matters of provincial jurisdiction, Saguil calls the federal government’s intervention in the case “perplexing.”

“And it’s even more surprising that the federal [attorney general] chose to weigh in directly on the central question here regarding the regulator’s public interest jurisdiction and exercise of discretion, instead of limiting itself to making submissions on the broad applicable principles,” he says.

“Then again, we know that certain members and a number of supporters of the ruling party in Ottawa have taken a keen interest in this case. Maybe that also helps to explain why counsel from the national capital region has taken carriage of the file, when the intervention was first brought by the local [Department of Justice] office.”

Stock in Focus – Bank Of Montreal (NYSE:BMO)

Stock in Focus – Bank Of Montreal (NYSE:BMO)

read on

There are a number of sell-side research firms which cover Bank Of Montreal (NYSE:BMO) and offer projections on earnings and future stock movement. On a consensus basis, analysts have a one year target price of 80.93 on the equity. The company has a trailing twelve month EPS of 5.20. The consensus analyst estimates according to First Call for the next quarter is 1.74. The current year EPS estimate on the stock is 6.66 and the EPS estimate for next year sits at 7.22.
Company shares opened the most recent trading session at 63.83 and at the time of writing the last Bid was at 63.66. In the current trading session the stock reached as high as 63.88 and dipped down to 63.50. Bank Of Montreal Common Stock, a NYQ listed company, has a current market cap of 41.19B and on average over the past 3 months has seen 745719 shares trade hands on a daily basis.

On a technical level the stock has a 50 Day Moving Average of 64.23. Based on a recent trade, this puts the equity at -0.89% away from that average. In comparing the stock’s current level to its extended history, the stock is trading -18.97% away from its 52-week high of 78.56 and +10.96% away from the stock’s low point over the past 52 weeks, which was 57.37.

BMO ON THE STOCK MARKET Time to sell #Stock #investments #money #finance #Currency #Bank #MoveMyMoney

Market Watch As of 21:01 ET,                                       followers 7689
Friday May 22, 2015
Last Change

BMO TSX 78.29 -0.11BMO
NYSE 63.63 -0.62TSX Comp 15,200.76 -2.85
#investments #money #finance #Currency #Bank #MoveMyMoney

https://www.bmo.com/home/about/banking/corporate-information/executive-bios/simon-fish

Executive Committee

Simon A. Fish
General Counsel, BMO Financial Group

BANK FEES are going UP while Bank Profits are at its highest #investments #money #finance #Currency #Bank #MoveMyMoney

Read on... and get back to me ... all you my over 7,000 followers I will soon post a poll to see which Bank deserves to handle our #investments #money #finance #Currency ..and from which #Bank we should #MoveMyMoney and to which bank we should choose to let our investments our #Money be managed at ...

a Bank that has 7 million clients at afee increase X 12months = 100s of millions.. the first year in extra profits ... see Canadian Banks' Profits already Top $31.7 Billion In Fiscal Year, But 'Challenges' Loom http://theproverbialfixisin.blogspot.ca/2014/12/canadian-banks-profits-top-317-billion.html

BMO, RBC customers brace for wave of new banking fees
http://globalnews.ca/news/1971735/bmo-rbc-customers-brace-for-wave-of-new-banking-fees/

see >> "the bank was automatically shifting his account to its “Practical” plan, a no-frills account that will carry a new $4 charge each month starting May 1. "

see another >>By his count, St. Pierre makes 45 transactions a month, a number that will amount to $41.25 in fees each month ($495 annually). He’s switched to a more expensive plan, he says, that allows for unlimited transactions.

READ ALL

Royal Bank backs down on fees for credit card, mortgage payments http://www.cbc.ca/news/business/royal-bank-backs-down-on-fees-for-credit-card-mortgage-payments-1.3083915

Plan Detail Comparison Page
https://www.bmo.com/main/personal/bank-accounts/compare-bank-plans

Do you know how much fees you pay for Banking in one year Banking Fees https://www.bmo.com/main/personal/bank-accounts/edb-fees-agreements

http://www.bmo.com/pdf/Pricing_Changes_Take_One_2015_ENG.PDF

Banking fees are making stock holder rich and CEO Bonus crazy

WE ARE TALKING

WE HAVE THE POWER IN UNITY

BMO has to come clean and reprimand Simon FISH and a National apology is in order

SEE SIMON FISH LETER ON BEHALF OF BMO http://www.lsuc.on.ca/uploadedFiles/TWUBMOFinancialGroupMarch26.pdf http://theproverbialfixisin.blogspot.ca/2015/03/breaking-bmo-internal-memo-strictly.html