Tuesday, March 11, 2008

Fatcats

Jack Layton is well known for criticizing large successful corporations as being fatcats. I guess he reserves his admiration for small and failing companies. But I have to wonder if he'll criticize the big highly profitable phone company now that the Ontario Teachers Pension Fund owns it? Probably not. His wrath will be reserved for banks (which are primarily owned by pension funds). It doesn't have to make sense; it just has to be a good sound bite showing how much he cares for the little guy.

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