Items related to Fool's Gold: The Making Of A Global Market Fraud
Synopsis
Fool's Gold is a hard hitting account of how and why the biggest mining fraud ever perpetrated by a Canadian company was allowed to happen and -- most shockingly -- how it could happen again. Bruce Hutchinson charts the unholy alliance which exists in Canada among penny-stock promoters and investment analysts, and he reveals how the financial instruments used by companies to raise money have been seriously abused. He shows also how regulatory agencies -- agencies that exist to protect investors -- are reluctant to enforce their own rules, while irresponsible promotion is rampant; and how Canadian mining interests have aligned with brutal political regimes to produce environmental degradation and deadly social unrest.
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About the Author
Brian Hutchinson was formerly a Senior Writer for Canadian Business. He has written for Saturday Night, The Financial Post, and The Financial Times and Alberta Report. He has been nominated 4 times for National Magazine Awards, and has covered the Canadian business scene for a decade and spent over a year specifically investigating the Bre-X scandal. Fools' Gold has been optioned by Alliance Communications Corp.
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