Saturday, October 31, 2009

Opportunities squandered?

Fat Arse (http://arsenisms.blogspot.com) has left a new comment on your post, "The day the music stopped!"

Oh, poor little Lenny Asper, I feel so sorry for him! NOT! Only an insular, privileged, and unrealistic fool would have presided over a debacle like this.
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Dear Fat Arse:
Thank you for writing. It could be argued Leonard Asper was but one person, albeit very important, in a decision making team. From the case study it's quite apparent debt reduction and not expansion should have been the group's primary focus. Unfortunately, opportunities were squandered. Perhaps the people to feel sorry for are stockholders and creditors who will likely see pennies on the dollar.
Wonder what Izzy Asper would say if he were still here?
Sincerely,
Clare L. Pieuk

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