BMO Trading Woes Began Earlier Than First Revealed

The Globe and Mail, Tara Perkins, 30 May 2007Bank of Montreal's problems in its commodity trading division began before November of last year, the company has revealed in its restated first-quarter results.BMO disclosed commodity trading losses of $680-million earlier this month and said "an investigation determined that the losses relate to both the first and second quarters of 2007."It