The trials and tribulations continue as the loss associated with the natural gas trading creeps towards and unfathomable $1 Bn.

^{Workers inspect tiles a day after winds ripped a slab of marble off First Canadian Place on May 15, 2007.}

“BMO is continuing its investigation of the facts and circumstances surrounding these mark-to-market trading losses including a review to determine whether any potential irregularities in trading and valuation took place,” the bank said in a statement today.

The bank said two commodities professionals who were placed on leave after April 27, are “no longer employed by the company.”

Source: The Toronto Star