Shares in Canadian conglomerate Fairfax Financial Holdings ended Friday flat despite the firm’s record 2007 results with investment income of $1bn driven by credit default swaps (CDS) tied to US financial groups and bond insurers.
Shares in Canadian conglomerate Fairfax Financial Holdings ended Friday flat despite the firm’s record 2007 results with investment income of $1bn driven by credit default swaps (CDS) tied to US financial groups and bond insurers.