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CWB board of directors not practicing due dillegence

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  • bigsteve
    Member
    • Dec 2008
    • 70

    CWB board of directors not practicing due dillegence

    The board of directors at the CWB should be taken to task on their lack of due dilligence.By law,if you sit on a board[elected or voluntary]you must practice Due Dilligence when making decisions.This buying ships thing is out of control.A court action should be initiated by the federal goverment to SUE these bastards.They are practicing communism at its finest.
  • bigsteve
    Member
    • Dec 2008
    • 70

    #2
    Does anybody know if we have access to how each director voted on a particular motion?

    Comment

    • gustgd
      Senior Member
      • Oct 2004
      • 1009

      #3
      No access on any specific motion.
      can't even get board minutes.

      Write them and get a reply in writing how they voted.
      15 letters 15 replies to get it on the record.

      Comment

      • bigsteve
        Member
        • Dec 2008
        • 70

        #4
        Gust,what about Wikileaks?They seem to be able to uncover anything according to the news? If the public in general totally understood the bullshit that we have to put up with-the CWB would be gone in a minute.

        Comment

        • bucket
          Senior Member
          • Jan 2008
          • 17030

          #5
          FRom stewart wells, I requested the business plan including maintenance agreements for these boats.

          Now since they have made the decision, I assumed that info would be readily available to farmers.

          I emailed stewart 9 days ago no response yet. But I noticed he had time to comment publicly on the private members bill.

          I guess explaining the boat decision doesn't matter to a farmer that asks a question about it.

          Comment

          • TOM4CWB
            Senior Member
            • Dec 2000
            • 16511

            #6
            Accountability meetings in March may be our first opportunity to ask questions.

            THis may be the best way... ask for your director to deliver the info at the 'accountability' meeting in your area.

            Comment

            • bigsteve
              Member
              • Dec 2008
              • 70

              #7
              It would give me great satisfaction to see these clowns at the CWB be led out of the CWB building in handcuffs for overstepping their bounds.

              Comment

              • bucket
                Senior Member
                • Jan 2008
                • 17030

                #8
                I agree bigsteve, but methinks some of those appointed directors voted for these boats as well.

                Due diligence and disclosure also means the directors have to declare if they have shares in any company benefitting from the board's decision. Other wise it might be seen as insider trading. Or they would have to excuse themselves from the boardroom when discussing it.

                Considering that most of the management that brought the idea to the board know Mr. Measner and his influence in Soumat, something stinks. And the fact they have already denied it, means there is a cover-up of some sort. There should be a public inquiry for this type of collusion.

                And I am still waiting for stewart wells response to my request for the business plan. Maybe there isn't one.

                Comment

                • TOM4CWB
                  Senior Member
                  • Dec 2000
                  • 16511

                  #9
                  Bucket,

                  Did the CWB stress test the Ship business plan?

                  Why not disclose the plan of what the costs are... if the Conservatives win a Majority... and the CWB lost the ability to fund the ships... suppose AB and SK set up internal wheat boards like Ontario and Quebec have?

                  There are so many high risk issues with this project... it is hard to believe that a rational board of Directors in commercial industry... would even consider signing on... without permission from the folks who must pay for this!

                  Are we just pawns in a game of chess... ???

                  Comment

                  • bucket
                    Senior Member
                    • Jan 2008
                    • 17030

                    #10
                    Along with the press release should have been the business plan to the farmers.

                    This isn't confidential knowledge anymore. I want to know how this is going to make money. And not just because oberg says it will. I want to see the technicals on these boats, like who pays for upkeep, what grains are shipped on them and the business plans for backhauls.

                    Then just copy it and the cwb could be in the trucking business as well.

                    It seems the cwb is one step ahead of the government by buying assets with someone else's money and creating a real cluster**** if the cwb is done away with.

                    Comment

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