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May 27, 2005

Not So Frank

Fabrice Taylor, the former Star and Globe and Mail journalist turned financial analyst, has resurfaced in the media with a monthly investment column in the Report on Business magazine.

In his ''Editor's Desk" notes, Laas Turnbull, who is ''thrilled to announce'' the column, details Taylor's financial hits and misses of his old Globe "Vox" column:

With refreshing honesty - some might say bluntness - Fabrice looked beyond the gloss of annual reports and dug into the nitty gritty of public companies' accounting practices, making both a lot of friends and a lot of enemies in the process.

That's not quite full disclosure.

Turnbull forgets the biggie: In 2003, Taylor quit that "Vox'' gig and then lost a reported $400,000 buying and ultimately busting the Ottawa-based gossip rag, Frank Magazine.

Now I hear the mag will make a triumphant online return - not a moment too soon considering Gomery, Belinda and Peter, and political and media goings-on -- in mid-September, under the aegis of its former owner Michael Bate.

Watch for a web page to appear at the end of next month.

Bet one of the scandal sheet's first victims will be ... Taylor himself.

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