Thursday, April 02, 2009

Canwest Corpsewatch

(This one's for you, Jahnny)

Canwest has lost another revenue stream, just five days before another do-or-die creditor deadline.
Few people expect Canwest to be forced into bankruptcy in this round, but the creditors are demanding serious new cost-cutting.

BTW, if the Aspers want a legacy for Izzy, let them pay for it. Canada doesn't owe him anything, and, quite frankly, this museum is in the wrong place. It should be in Montreal, where the Jewish community did so much to try to help Holocaust victims.

Meanwhile, David Asper is about to sink $100 million into two not-so-great investments: a Canadian Football League team and Winnipeg real estate. Um, good luck, Dave. And good luck members of the Blue Bombers.

3 comments:

Anonymous said...

Hmmm, your interpretative bias might be showing. There is already a Holocast Memorial Centre in Montreal. The Canadian Museum for Human Rights' mission is the promotion of understanding and respect for human rights, including women's equality, the rights of the disabled, labour rights and others, and for ethnic, religious, and racial diversity. I have no problem with the location: Let's create some new national museums outside of Ottawa, and outside of central Canada specifically. I have no problem with some public participation either.

Anonymous said...

Add the mighty Boston Globe to the official newspaper CORPSE WATCH.

rebel
***
Times Co. threatens to shut Globe; seeks $20m in cuts from unions
Paper reported to face $85m loss this year, as recession, Internet
economy batter news industry
By Robert Gavin and Robert Weisman
Globe Staff / April 4, 2009


The New York Times Co. has threatened to shut The Boston Globe unless
the newspaper's unions swiftly agree to $20 million in concessions,
union leaders said yesterday.


Executives from the Times Co. and Globe made the demands Thursday
morning in an approximately 90-minute meeting with leaders of the
newspaper's 13 unions, union officials said. The possible concessions
include pay cuts, the end of pension contributions by the company, and
the elimination of lifetime job guarantees now enjoyed by some veteran
employees, said Daniel Totten, president of the Boston Newspaper
Guild, the Globe's biggest union, which represents more than 700
editorial, advertising, and business office employees.

more at:
http://tinyurl.com/cceyqg

Ottawa Watch said...

I think it's shabby for the multi-millionaire Aspers to be hustling public money for their father's "legacy". It's sort of a arich man's way of panhandling for a tombstone.
Quite frankly, it seems like the last museum that would be the slightest bit interesting, and I suspect it will be a huge financial burden to Canadians for generations.