How Scotia Capital Missed the Mining Wars

The Globe and Mail, Sinclair Stewart, 4 September 2006Rick Waugh figures to make about $160,000 this year as a director of Inco Ltd., but he claims the experience itself will be invaluable. That's a good thing, considering his decision to join the nickel miner's board last summer may have cost Bank of Nova Scotia a shot at millions of dollars in advisory fees.When the mining merger frenzy kicked