ADM and the Mulroney connection

[bucket]

It doesn't take money to buy the cwb. Gerry Ritz said they are a highly leveraged company in the house of commons the other day.

The government has to assume the debt.

[bucket]

Remeber depape said the cwb was a crown owned corp??????

We just paid wages and for the massive ****ups they made.

[Hopperbin]

You may be wrong bucket. Does a crown corp need to pay off debt or does it not?????

[Hopperbin]

Highly leveraged yes. Every tax payer would like apay off I am sure. Besides the usa law suits would begin again. Remember past last year anyone?

[bucket]

Don't know foe sure but it has been said that the winning bidder gets to keep the money they bid.

Not sure who pays off this debt. But it's hard to believe there is any debt other than the Lakers.

Surely the railcars are paid and worth something.

Winnipeg real estate could be sold.

The rest who knows?

[Hopperbin]

Ok most likely they will be 5 bucks a ton under everyone else. But maybe not. Maybe they will make competition. I would sell six dollars a ton under to gain five in shares. Call me retarded.

[Hopperbin]

Read the fine print on The fna offer. Money stays in the cwb not to pay off debt. The sale bucket will not be that way. Again fna was going to put farmers out on the dry line. Cannot anyone see that?

[Hopalong]

CWB open letter says not being sold or given away.
Says an objective is to give farmers an ownership stake.
Not clear on how farmers might partner with other investors.
Whatever happens, can hope for some clarity on how farmer ownership is transferred at the end of career.
Think this was Achilles heel for prairie pools and other farmer owned grain companies.
Brian Mulroney says time to end supply management quoted in today's Globe and Mail.
Suggests govt buy out quota value, something to watch for with farmer owned CWB.

[bucket]

Then just issue an IPO for farmers ownership.

It's no secret farmers have funded industry initiatives indirectly for years.

[farmaholic]

Bucket, could you direct me to a document describing what you're saying about the "sale" and money changing/not changing hands...