Resolute Forest Products Inc. T.RFP

CDS have destroyed our shares

[Alex77]

But the potential damage that CDS could do was not limited to financial firms, Mr. Soros added. He pointed to the bankruptcy of North America's largest newsprint maker, AbitibiBowater Inc., and the pending bankruptcy of General Motors.
https://www.theglobeandmail.com/globe-investor/ban-cds-as-instruments-of-destruction-soros-says/article4394993/

[Apaulson]

That was Abitibi's management's fault, not Prem Watsa or the current RFP shareholders. No one should have been bailed out. You don't get to blame the government when the CDS agreement that management entered into doesn't work in their favour.

[Alex77]

I am not a basher of, RFP, far from it! But as a builder and former faithful shareholder, there is a spirit of conscience, which I may afford, concerning our major predatory Western funding. These are just monnetary losses, but it is like the Russians who destroy Ukraine and who changes their names to tell the former owners you no longer exist. For Mr. Watsa, he is a good guy, and he knew how