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Cash Store Financial Services Inc CSFS



NYSE:CSFS - Post by User

Comment by mtm_wiseon Mar 08, 2013 4:37pm
552 Views
Post# 21102529

RE: RE: Kevin Paetz

RE: RE: Kevin Paetz

In my opinion Kevin Paetz is not considered to be a savior of the company (nothing can help them).  Simply put, he is a gate keeper until Gord Reykdal decides to bring his son, Barret back from the UK.  The Cash Store is embarrassingly overflowing with nepotism and always has been.  Once the junior Reykdal wants his old job back, Kevin is gone. The only person at The Cash Store who makes any real decision is Gord Reykdal.   He has complete power because he has stacked the board with his cronies and between them they own a major stake in the company.  G. Reykdal  is not going to make the same mistake twice by sharing power, despite what the asset managers might want.  Mr. Reykdal was booted by his uncle at RTO so he has locked up the Cash Stores power base all for himself, why do you think he has lasted so long?

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