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Chapter TwelveAuthor: Jason Senensky
Canadian value investing. Michael Lewis imitation. Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Who (Almost) Killed Home Capital Group?
Wednesday, 31 March, 2021
On April 21st, 2017 Canadian lender Home Capital reported strong Q1 earnings, minimal credit losses, and a robust level of shareholder equity. Less than one week later the lender nearly failed. This is a story about short selling, Canadian housing and Warren Buffett's least-known bank rescue.