Chesswood Group Ltd T.CHW

Alternate Symbol(s): CHWWQ

Financial Services

Chesswood Group Limited is a Canada-based holding company. The Company, through its subsidiaries, engages in the business of specialty finance (including equipment finance throughout North America and vehicle finance and legal sector finance in Canada), as well as the origination and management of private credit alternatives for North American investors. Its subsidiaries include Pawnee Leasing Corporation (Pawnee); Tandem Finance Inc. (Tandem); Waypoint Investment Partners Inc. (Waypoint), Chesswood Capital Management Inc. and Chesswood Capital Management USA Inc. (CCM USA); Rifco National Auto Finance Corporation, and 1000390232 Ontario Inc (Easy Legal). Pawnee, which finances micro and small-ticket commercial equipment for small and medium-sized businesses in the United States through the third-party broker channel. Tandem sources micro and small-ticket commercial equipment originations to small and medium-sized businesses through the equipment vendor channel in the United States.

TSX:CHW - Post by User

Chesswood Group Ltd

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Comment by griffpon Apr 28, 2014 2:24pm

290 Views

Post# 22499029

RE:One day before x div. and unprecedented CRASH?

Beg to differ....Mr Shafran 'caused' the panic! An orderly market would have discounted the present financial problems in a rational manner. Mr Shafran decided that he shouldn't take any personal financial responsibility for the corporate decisions he and the board made historically and bailed by exercising the majority of his options rather than taking his lumps with the rest who decided to stay with CHW. Again speaking to my previous point regarding 'morality and ethics' which seems to have no place in the 'new capitalism'.

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