A correction and a clarification.......Li Ka Shing sold his 1.8 billion share of CIBC and gave it to charities a number of years ago.

"The Gordon flop aside, Fung's famed "gold-plated Rolodex" connected the Lis to names like Paul Martin and Jean Chrétien. Fung and Martin were roommates at the University of Toronto; Martin is godfather to one of Fung's sons".

"When Chrétien bowed out of politics in 1986, Fung ushered him into an advisory position at Gordon Capital. Chrétien later returned the favour by taking one of Fung's sons to Ottawa as a junior staffer."

Paul Martin is a former Prime Minister of Canada (head honcho, for those of you who don't understand Canadian politics), as is Jean Chretien.

Pen