YPG Damage Limited

Here is a quick follow-up on the fallout from the Nov. 1 announcement that the Canadian government will tax income trust dividends. Income trusts had become a popular structure in Canada, and one of the leading trusts is the Yellow…

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All Phonebooks are Local

So, you don't think that phonebooks are a big deal, huh? Well, let's take a look at the incredible noise that Dex caused when it chose to re-scope the Quad-Cities telephone book. The Quad-Cities include Davenport and Bettendorf, IA, and…

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Secrets in the Restroom

The story about Idearc (formerly Verizon Information Services) successfully raising $2.85 billion in high-yield bonds and $6.5 billion of bank debt takes place in an unknown ladies' room. The point of The New York Times column is that big Wall…

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