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Concordia Healthcare Corp. T.CXR.R



TSX:CXR.R - Post by User

Comment by argentia77on Sep 13, 2016 5:15pm
102 Views
Post# 25233391

RE:RE:For what its worth - RE: Thompson Interview

RE:RE:For what its worth - RE: Thompson InterviewConcordia's business model was concocted in Mark Thompson's living room in 2012 and is (was?) based on a taking on huge debt to buy "spent oranges" as one analyst put it, and squeezing them for any remaining juice. Hardly sustainable if you think about it. But combined with questionable accounting practices and slick lawyer talk, it made Thompson and some directors a lot of money. Shareholders not so much.
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