CIBC: The Bank Most Likely to Walk Into a Sharp Object

The Globe and Mail, Sinclair Stewart, Tara Perkins, Boyd Erman, 18 January 2007The week before Christmas, a group of senior bankers gathered at the Toronto offices of Canadian Imperial Bank of Commerce to work out the details of an emergency funding effort.For CIBC chief executive officer Gerry McCaughey, it had been both a miserable and taxing month, doubtless the most difficult of his 21/2-year