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CCWIPP Trustees' Bahamas Resort Deal in the Toilet
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CCWIPP Trustees' Bahamas Resort Deal in the Toilet
CCWIPP Trustees' Bahamas Resort Deal in the Toilet
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| wm pasz |
Posted: Sun Dec 06, 2009 6:33 pm
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Joined: 29 Jan 2006 Posts: 1219 Location: Toronto |
More bad news for the trustees of the troubled Canadian Commercial Workers Industry Pension plan. Since 2005, when the Financial Services Commission of Ontario started breathing down their necks about a $50 million investment in a mothballed Bahamas resort, the trustees have been working hard to offload the South Ocean Golf and Beach Resort - or at least, trying to make it look that way. Read more.
_________________ Time is on the side of the oppressed today, it's against the oppressor. Truth is on the side of the oppressed today, it's against the oppressor. You don't need anything else. - Malcolm X |
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| The Third Element |
Posted: Mon Dec 07, 2009 5:48 pm
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Joined: 22 Feb 2006 Posts: 363 |
Wanda, this link, at the bottom is 404:
http://www.m-f-d.org/pdf/2003-09-30_warren-adamson_prk-holdings Today is the big day right? I trust I can come here to read the breaking news? _________________ No Beast so fierce knows but some small amount of pity, but I know none and so I am no beast. ~ Richard III |
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| Elvis |
Posted: Mon Dec 07, 2009 6:26 pm
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Joined: 01 Feb 2006 Posts: 661 Location: Toronto |
It's 126 pages. Give her some time. 
_________________ Henri Ducard: Your compassion is a weakness your enemies will not share. Bruce Wayne: That's why it's so important. It separates us from them. |
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| wm pasz |
Posted: Mon Dec 07, 2009 9:21 pm
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Joined: 29 Jan 2006 Posts: 1219 Location: Toronto |
Fixed the link. We'll have the decision and a brief summary posted later today.
_________________ Time is on the side of the oppressed today, it's against the oppressor. Truth is on the side of the oppressed today, it's against the oppressor. You don't need anything else. - Malcolm X |
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| wm pasz |
Posted: Wed Mar 24, 2010 6:50 pm
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Joined: 29 Jan 2006 Posts: 1219 Location: Toronto |
Hmmm....months later, CCWIPP's resort deal is still in the shitter, tied up likely for years in legal wrangling among the pension trustees' various investment partners. I guess the proceeds of last year's purported "sale" should be subtracted from the ROI.
_________________ Time is on the side of the oppressed today, it's against the oppressor. Truth is on the side of the oppressed today, it's against the oppressor. You don't need anything else. - Malcolm X |
| Back to top | profile :: pm :: www |
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CCWIPP Trustees' Bahamas Resort Deal in the Toilet
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