Monday, August 10, 2009

Charest Switches Tone On Jones Investors

Quebec premier Jean Charest. Roy Antal/Canwest News Service

From The National Post:

STE. THERESE, Que. - Quebec Premier Jean Charest shifted into damage-control mode Sunday, a day after one of his ministers suggested clients of disgraced investment adviser Earl Jones should take some of the blame themselves for losing tens of millions of dollars in what police say was a Ponzi scheme.

"It's such a cruel story," Charest said. "They were not very rich people."

Charest said his government is looking to find ways to keep such things from happening in the future.

Read more ....

Update #1: Jones clients furious following minister’s comments -- Ottawa Citizen

Update #2: Sympathy, but no money -- Montreal Gazette

My Comment: If the victims of Earl Jones believe that a French nationalist government in Quebec (and the Quebec Liberals are just that) will give money to a bunch of old English people from the West Island .... I am sad to say that it will not happen. The minister's comment may be blunt and crude .... but they so symbolize how they look at the anglophone community in Quebec.

Trust me .... if these were french investors .... the finance minister would have kept his mouth shut.

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