Friday, December 05, 2008

CTVGlobemedia fire sale

They're ditching a chunk of their ownership in Maple Leaf Sports, giving Teachers majority control of the hapless Maple Leafs.
My grandma's sister was one of the people who put together the Teachers pension system after years of the superannuation system being plundered by the provincial government, but is anyone else as creeped out as I am that this fund seems to own just about everything?

1 comment:

Anonymous said...

Well Teachers' only have $108.5 billion in net assets. The total assets of Caisse de dépôt et placement du Québec is $155 billion. Hope these guys can manage well through the downturn.