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Worthwhile Canadian InitiativeCanadian banks are typically leveraged at 18 to 1--compared with U.S. banks at 26 to 1.Fareed ZakariaNEWSWEEKFrom the magazine issue dated Feb 16, 2009The legendary editor of The New Republic, Michael Kinsley, once held a "Boring Headline Contest" and decided that the winner was "Worthwhile Canadian Initiative." Twenty-two years later, the magazine was rescued from its economic troubles by a Canadian media company, which should have taught us Americans to be a bit ...
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