Former cabinet minister James Moore named chancellor at B.C. university + MORE Nov 26th

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Former cabinet minister James Moore named chancellor at B.C. universityJames Moore. (Adrian Wyld, The Canadian Press)
PRINCE GEORGE, B.C. — Former federal Conservative party cabinet minister James Moore has been named chancellor of the University of Northern B.C.
Moore becomes the sixth chancellor at UNBC and will be sworn in during the convocation ceremony in Prince George next May.
The 39-year-old former politician who held senior positions such as industry minister did not stand for re-election in October after representing his Metro Vancouver riding for 15 years.
Moore was elected in 2000, at the age of 24, becoming the youngest MP in B.C.’s history, and his election came even before his 2001 graduation from UNBC with a bachelor’s degree in political science.
Earlier this month, Dentons, a law firm with offices around the world, said Moore would join its Vancouver office as senior business adviser.
Moore did not rule out a return to politics when he announced his political retirement in June, and he has long been rumoured to have leadership aspirations…

Continue Reading On macleans.ca »

EDMONTON – Alberta Investment Management Corp. and the Virginia Retirement System say they have recovered US$204.4 million on behalf of investors in MF Global, the now defunct brokerage firm.
The Alberta pension manager and Virginia were the co-lead plaintiffs in a class action lawsuit against the firm, which failed in 2011 after making bad bets on European bonds.
AIMCo said in a statement that the money recovered includes several partial settlements, including a US$64.5-million agreement resolving claims against former officers and directors of MF Global, including former chief executive Jon Corzine.
Certain underwriter defendants, led by Goldman Sachs, also settled for US$74.93 million and AIMCo and Virginia reached a US$65-million settlement with MF Global’s outside auditor, PricewaterhouseCoopers LLP.
Litigation continues against the remaining underwriters, led by Jefferies LLC.
When MF Global Holdings collapsed, more than US$1 billion in customer money was discovered to be missing…

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