View Full Version : BCE Fire Sale
pampam
November 2nd, 2001, 08:37 AM
As widely reported in other forums, due to poor present and future projected R.O.I.'s; the following B.C.E. properties are up for sale or merger: ExpressVu, CTV, Teleglobe; Emergis and The Globe & Mail. Despite all these bad decisions by BCE CEO Jean Monty, he had no problem taking home $28M+ in compensation from salary, bonus + stock options. Nice work if you can get it - eh Jean - now what to you say to all the investors who have lost money or to all the employees who will be downsized soon?
vonwolf
November 2nd, 2001, 08:55 AM
WoW drive a company into the ground & still get $28 mill? I can do that. I'm sending my resume now!
Andrew8468
November 7th, 2001, 11:45 AM
He's not the only one. JR Shaw of Shaw Communications/Star Choice took the company from $133 million profit last year to $147 million loss this year for a net difference of $280 million and for that he received a $4.6 million dollar bonus.
gunsmoke2
November 12th, 2001, 02:37 PM
pampam,
Can you point me in the direction of ExpressVu being up for sale ? I look at National Post and Financial Post and came up empty on it.
Thanks
GS2
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