Canwest may be bankrupt...

Electrician · 26 Re: Canwest may be bankrupt... Sun Feb 15, 2009 8:45 am

Electrician

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Then there's the other problem...
Big corporations that buy out smaller ones and close them down...
This happens every day.
The main problem is that those small companies usually are getting along quite well, then, once the sell is history, so is the company, along with all the jobs...

Guest · 27 Re: Canwest may be bankrupt... Sun Feb 15, 2009 9:00 am

Guest

Guest

Yes it seems like to few are controlling to much .

Guest · 28 Re: Canwest may be bankrupt... Sun Feb 15, 2009 11:20 am

Guest

grumpyrom wrote:Why would we need to care about "them"? Is there something the Asper's have done for me that I'm unaware of? They run a media empire and their head office happens to be in Winnipeg, they could run it out of Toronto and it wouldn't really impact my life one bit nor put much of a dent in the local economy. According to their website they have 8800 full time employees company wide, but how many are in Winnipeg?

Really I think we give them too much credit because we feel they're somehow more important than they really are. If they had 1500 well paid employees in Winnipeg on the chopping block, maybe I'd give a damn.

It appears that some people are not into the Asper Kool-aid.

Imo, the only thing the Aspers have done to me is attempt to get their hands on my money through taxes.

Want to build a monument to Daddy, do it with your own money...er wait...maybe they're running out of it eh. Smile

Deank · 29 Re: Canwest may be bankrupt... Fri Feb 20, 2009 1:07 pm

Deank

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http://www.winnipegfreepress.com/breakingnews/null-39914147.html

"
The Globe - a direct competitor of Canwest's National Post and belongs to a larger media group that competes with Global Television - reported that potential investors want the Asper family to give up its voting control in exchange for any cash investment.
Other requirements could include Asper exiting his role as CEO and the family giving up their dual-class share structure that gives them control of the company"

Guest · 30 Re: Canwest may be bankrupt... Fri Feb 20, 2009 1:37 pm

Guest

I wouldn't even buy into the problem at .36 per share (current trade) until the Aspers are out. They don't have the ability to run the company any longer....actually it appears that they never did.

rosencrentz · 31 Re: Canwest may be bankrupt... Mon Feb 23, 2009 3:01 pm

rosencrentz

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The Asper's will not move their head office to Toronto. They have and are committed to Winnipeg. There have been many stories on this topic. They have offices in Toronto, because that is where the "action" is.
David moved there many years ago and bought a castle there, but I believe he has sold it and moved back to "my street", although in a slightly bigger house, as he entertains, while I do not !
Laughing

rosencrentz · 32 Re: Canwest may be bankrupt... Mon Mar 02, 2009 1:46 am

rosencrentz

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33 cents for stock- what was it in good times?

Deank · 33 Re: Canwest may be bankrupt... Mon Mar 02, 2009 9:45 am

Deank

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$6.50ish

rosencrentz · 34 Re: Canwest may be bankrupt... Mon Mar 02, 2009 10:05 am

rosencrentz

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I wanted to buy a 1000 shares, cause I had $350 left over, but I have to buy my wife 2 cartons of cigarettes for $180, and gas for our 2 vehicles, so there goes my only investment idea for Spring time!

Guest · 35 Re: Canwest may be bankrupt... Thu Mar 19, 2009 6:47 am

Guest

http://www.winnipegfreepress.com/breakingnews/Feds-consider-relief-for-private-TV-networks-41455637.html

Appears some of what the industry has been asking for years is maybe going to happen , Maybe the money could come from the vacum called the CBC.

grumpy old man · 36 Re: Canwest may be bankrupt... Thu Mar 19, 2009 8:26 am

grumpy old man

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We need to put the brakes on these bailouts. Where does it end? I especially abhor the notion of a media bailout. And turn off the friggen taps at the CBC already.

Last edited by grumpy old man on Thu Mar 19, 2009 11:32 am; edited 1 time in total

Deank · 37 Re: Canwest may be bankrupt... Thu Mar 19, 2009 11:04 am

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I dont understand how anyone can need a bail out. Especially media. Not selling enough to cover costs? Reduce costs.

Guest · 38 Re: Canwest may be bankrupt... Thu Mar 19, 2009 11:07 am

Guest

JTF sorta tounge an cheek

grumpy old man · 39 Re: Canwest may be bankrupt... Wed Apr 08, 2009 8:19 am

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Seems Canwest has bought some time...

RITA TRICHUR, Toronto Star, BUSINESS REPORTER
With files from Chris Sorensen and The Canadian Press

Canwest Global Communications Corp. struck a deal with its lenders late yesterday to extend a waiver of certain borrowing conditions – a critical extension that allows the debt-laden media company to inch closer to fashioning a recapitalization strategy.

In doing so, bankers have also agreed to provide Canada's largest media company with additional access to much-needed credit. Canwest said that liquidity boost should allow it to "operate normally" over the next two weeks.

rosencrentz · 40 Re: Canwest may be bankrupt... Wed Apr 08, 2009 9:31 am

rosencrentz

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It is so simple! Cann't we read the message?
"FASHION A RECAPITALIZATION STRATEGY"
That is exactly what I would do if I was running out of money! I am doing that right now, and it works just great!
I would love to get a liquidity boost to operate" normally" for 2 weeks!
What a load of manure! Why would anyone even publish this? What a waste of paper and ink.

Guest · 41 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:06 am

Guest

Clement just said that nobody is too big to fail. I hope Harper feels the same way.
...or...perhaps the Askers have their own private trough in Ottawa.

Guest · 42 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:34 am

Guest

Yea just like the rest of the companies needing the bail outs .

Deank · 43 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:37 am

Deank

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Why dont the aspers put their own money back into the company? You know, sell some houses, sell some land, sell some businesses? Dump all that money into the company?

Guest · 44 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:57 am

Guest

I don't know ask the owners of GM

Deank · 45 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:04 am

Deank

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The owners of GM are for the most part me and you and every other little pension plan and mutual fund guy out there.

Guest · 46 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:06 am

Guest

Yes but we are not the Majority stockholders and who ever is is the owner .

Guest · 47 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:13 am

Guest

Well were at it maybe those that use the sports programs in this city , should pay more of the real costs so I don't have to subsidise it . Face it taxes are used for some purposes that some or all might disagree with , but to attack the persons is not fair . They have a payroll in this city that would never be replaced by someone else . Soon

AGEsAces · 48 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:28 am

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Breakdown for GM Shareholders:

BREAKDOWN

% of Shares Held by All Insider and 5% Owners:	0%
% of Shares Held by Institutional & Mutual Fund Owners:	49%
% of Float Held by Institutional & Mutual Fund Owners:	49%
Number of Institutions Holding Shares:	340

Deank · 49 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:31 am

Deank

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seems to me that its the little guy that owns GM.

Guest · 50 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:41 am

Guest

Yes AIG is the little guy, they have a big chunk .

Triniman · 51 Re: Canwest may be bankrupt... Tue Apr 14, 2009 8:08 am

Triniman

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Today, the company is worth $25 million!
Can the Aspers save their own company? Will they chip in their own money? Will Harper discuss it with the family while he's in town?

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Canwest may be bankrupt...

26 Re: Canwest may be bankrupt... Sun Feb 15, 2009 8:45 am

Electrician

27 Re: Canwest may be bankrupt... Sun Feb 15, 2009 9:00 am

Guest

28 Re: Canwest may be bankrupt... Sun Feb 15, 2009 11:20 am

Guest

29 Re: Canwest may be bankrupt... Fri Feb 20, 2009 1:07 pm

Deank

30 Re: Canwest may be bankrupt... Fri Feb 20, 2009 1:37 pm

Guest

31 Re: Canwest may be bankrupt... Mon Feb 23, 2009 3:01 pm

rosencrentz

32 Re: Canwest may be bankrupt... Mon Mar 02, 2009 1:46 am

rosencrentz

33 Re: Canwest may be bankrupt... Mon Mar 02, 2009 9:45 am

Deank

34 Re: Canwest may be bankrupt... Mon Mar 02, 2009 10:05 am

rosencrentz

35 Re: Canwest may be bankrupt... Thu Mar 19, 2009 6:47 am

Guest

36 Re: Canwest may be bankrupt... Thu Mar 19, 2009 8:26 am

grumpy old man

37 Re: Canwest may be bankrupt... Thu Mar 19, 2009 11:04 am

Deank

38 Re: Canwest may be bankrupt... Thu Mar 19, 2009 11:07 am

Guest

39 Re: Canwest may be bankrupt... Wed Apr 08, 2009 8:19 am

grumpy old man

40 Re: Canwest may be bankrupt... Wed Apr 08, 2009 9:31 am

rosencrentz

41 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:06 am

Guest

42 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:34 am

Guest

43 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:37 am

Deank

44 Re: Canwest may be bankrupt... Wed Apr 08, 2009 10:57 am

Guest

45 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:04 am

Deank

46 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:06 am

Guest

47 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:13 am

Guest

48 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:28 am

AGEsAces

49 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:31 am

Deank

50 Re: Canwest may be bankrupt... Wed Apr 08, 2009 11:41 am

Guest

51 Re: Canwest may be bankrupt... Tue Apr 14, 2009 8:08 am

Triniman

52 Re: Canwest may be bankrupt...

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