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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by poneon Feb 19, 2012 6:52pm
245 Views
Post# 19556305

RE: RE: RE: RE: RE: RE: RETellier - Stay or Go

RE: RE: RE: RE: RE: RE: RETellier - Stay or Go

If we bring in a guy who specializes in turning around companies that are in CCAA, aren't we setting up CCAA as our target?   As HL Mencken said  “Never argue with a man whose job depends on not being convinced.”   You hire a guy who knows how to use bankruptcies to restructure, and you get a guy who sees everything as a bankruptcy.    PS, I made money on the Opti bonds.   Just love those guys. :)

 

What we need is a single leader whose personality and compensation is based on bringing the company through without there being a CCAA.    I don't see that guy.    This management team in place today would probably just get new stock options issued after a CCAA anyway.   They don't have enough skin in the game.   I don't see the incentives lined up here.

Bullboard Posts