tag:blogger.com,1999:blog-7141615629701321642.post329605090201938138..comments2024-01-07T08:41:13.864-05:00Comments on C A I T I - O N L I N E: Grudge matches and bellwethersBrent Fullardhttp://www.blogger.com/profile/08515599756822506137noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7141615629701321642.post-80342894669691980192008-09-27T17:10:00.000-04:002008-09-27T17:10:00.000-04:00AnonymousThat is right on the money.The shareholde...Anonymous<BR/><BR/>That is right on the money.<BR/><BR/>The shareholders were dead serious about trust conversion as was indicated by the stock price when the conversion announcement was made.<BR/><BR/><BR/>That must have scared Sabia out of his wits because he would become accountable monthly within a trust structure.<BR/><BR/>This was where his buddy Flaherty would enter the picture & the rest is history as we say in the trust world.<BR/><BR/>Sabia continued to rake in his big salary & bonuses & BCE continued to languish & Pay out it`s piddling dividends.<BR/><BR/><BR/>Dr Mike Popovich.Dr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-65314893995624532142008-09-27T17:02:00.000-04:002008-09-27T17:02:00.000-04:00Great story in today`s FP by Theresa Tedesco on Sa...Great story in today`s FP by Theresa Tedesco on Sabia and BCE. The story goes on to say BCE never seriously entertained the idea of converting to a trust but BCE said it publicly because Sabia and the Board knew that Flaherty wouldnt approve it. So Flaherty and Harper destroy the entire trust market because of the fraud of BCE. The perfect definition of ``unintended consequences``.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-53596619872917213852008-09-27T10:33:00.000-04:002008-09-27T10:33:00.000-04:00There goes the annual taxes on $40,000,000 in annu...There goes the annual taxes on $40,000,000 in annual distributions from Connors Bros. And we will lose those taxes year after year after year.<BR/> <BR/>What only another $10,000,000 a year in lost taxes? Jimmy doesn't care about such small numbers.<BR/> <BR/>This brings the total of lost annual distributions from foreign private equity and pension plan takeovers to $1,410,677,000. At a 30% tax rate that is $423,000,000in lost taxes year after year after year. Every Canadian will have to make up that shortfall. Tax leakage that you can see!! Not some blacked out analysis by the Finance Department.<BR/><BR/>And here's the proof Mr. Flaherty. Where's yours?<BR/><BR/>http://www.4shared.com/account/file/49239156/a29e664a/IT_Takeouts_and_Distn_Lost_based_on_Oct_31_closings__022808_.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-10545691842566458342008-09-27T08:44:00.000-04:002008-09-27T08:44:00.000-04:00Another Income Trust take out!!!Connors Bros to be...Another Income Trust take out!!!<BR/><BR/>Connors Bros to be bought by US group. Thanks to flaherty my 38% capital loss is locked in, I lose an income stream @ 6%. <BR/><BR/>And guess what? Canadians will see exactly Zero tax revenue when this firm is sold, Tax Fairness my &&&.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7141615629701321642.post-46757546894607474502008-09-27T07:54:00.000-04:002008-09-27T07:54:00.000-04:00All it will take is exposing the truth to remove F...All it will take is exposing the truth to remove Flaherty from office .<BR/><BR/>Flaherty`s incompetence in Ontario has only been surpassed by his efforts on our behalf in Ottawa.<BR/><BR/>Since the media failed to produce the truth , it is up to Mr Fullard to do their work for them.<BR/><BR/>Dr Mike Popovich.Dr Mikehttps://www.blogger.com/profile/16915911929286615081noreply@blogger.com