Home arrow Forums arrow News & Views arrow CCWIPP Trustees' Bahamas Resort Deal in the Toilet

CCWIPP Trustees' Bahamas Resort Deal in the Toilet

Display posts from previous:
Author Message
wm pasz
Post Posted: Sun Dec 06, 2009 6:33 pm

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
Back to top profile :: pm :: www
The Third Element
Post Posted: Mon Dec 07, 2009 5:48 pm

Joined: 22 Feb 2006
Posts: 368
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
Back to top profile :: pm
Elvis
Post Posted: Mon Dec 07, 2009 6:26 pm

Joined: 01 Feb 2006
Posts: 661
Location: Toronto
It's 126 pages. Give her some time. Wink

_________________
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.
Back to top profile :: pm :: e-mail :: www
wm pasz
Post Posted: Mon Dec 07, 2009 9:21 pm

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
Back to top profile :: pm :: www
wm pasz
Post Posted: Wed Mar 24, 2010 6:50 pm

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
Home arrow Forums arrow News & Views arrow CCWIPP Trustees' Bahamas Resort Deal in the Toilet
Page 1 of 1
Display posts from previous:
Jump to:  
Powered by phpBB © 2001, 2005 phpBB Group