Thursday, November 22, 2012

Case closed: No Nexen for you

In today's Globe and Mail,  Preston Manning makes the case that Principles, not mere pragmatism, should drive the Nexen decision 

That said,  how about this for a principle to apply to the Chinese state takeover of Nexen?

Who on the UN Security Council in July of this year supported the on-going slaughter of innocent civilians by Syria's Assad regime? Answer China and Russia.

Case closed. No Nexen for you.

3 comments:

Dr Mike said...

If Nexen had been allowed to turn to the income trust structure , this would now be moot.

A Canadian company with cheap capital to invest = cash in investor`s pockets = success all around.

Dr Mike Popovich

Anonymous said...

Lets CNOOC this Nexen deal for good with a Shout Out !
SHUT UP CNOOC it's over !!

Dr Mike your bang on !!

JC

Bruce Benson said...

Brent I never thought of it this way, I forgot about China and the Russian UN votes in support of the Assad butchers. NO to CNOOC.