ADM and the Mulroney connection

[Integrity_Farmer]

The smart money is on ADM

An interesting note is that former Prime minister Brian Mulroney sat on the Board of ADM from 1997 to 2010. Dwayne Andreas of ADM said that "having Mulroney on the board of would pay great dividends to ADM shareholders". ADM is rumored to be one of the proposed purchasers of the CWB. Indeed it has paid great dividends.

While Harper publicly distances himself from Mulroney, Mulroney has been a recent guest speaker for Peter McKay and appeared at a fund raiser to pay for Del Mastro's (election fraud) legal fees.

Harper has transferred an multi Billion dollar industry to the trans national grain companies. Just follow the money here

[mustardman]

Integrity are you saying the cons are Not all about doing what's best for farmers? Say it ain't so. Lol
Trouble is most farmers can't connect the dots

[SASKFARMER3]

That's my guess who the big secret purchaser will be! So basically the experiment is a failure! Wow now no competition it's like a cartel were f$&ked before the ink I'd dried!
Could hSve been done so much better! No vision no plan just gut!
Yes under the old feed wheat would be 1.68 and durum wouldn't give you jack shit!
But with no transparesy were hooped!

[grower99]

He appeared at a fundraiser for convicted conservative MP dean del mastro to pay for his legal fees. A tax receipt was issued for the cost of the dinner etc. dean, thank the Canadian tax payer for your legal fees. As a side note dean resigned as an MP. If the House of Commons had booted him out he would have lost his pension. This way he keeps his "entitlement".

[bucket]

Now that the dots are connected does anyone think the advisors will have comment about how this will be good for farmers (not really).

[Hopperbin]

Explain to me why adm should not be a suitor. Meanwhile we gain shares for selling grain. Who the **** cares about mulroney connection? We may well want them.

[pourfarmer]

What makes ADM a better suitor then FNA?

[bucket]

What makes adm, or place any other graincos name here and fna, better than an IPO to farmers??????

[Tandem007]

ADM has money - FNA doesn't. Pretty simple...

IPO - so farmers had elevators - NET, WIT, PWT, GST etc etc. How many ITAC members is there now? Farmers had their own grain co's and sold out. An actual farmer owned grain co will not succeed if an IPO was done.

[Hopperbin]

Fna deal was ****ed up. Did not give farmers shares in place for selling grain. It give a group of farmers and non farmers controle plus it ****ed up. Its destined to end in non farmer ownership completely. At least this deal gives current farmers capital in the grain company they deal with. When you retire sell out.Or sell out at any time. We put money into the cwb for many years no one should be allowed to take their share out. Cause it is unfair. This puts farmers in controle of their future grain company and ensures current farmers will always have the same opportunity. Not just current retired or soon to be retired farmers.

[bucket]

It doesn't take money to buy the cwb. Gerry Ritz said they are a highly leveraged company in the house of commons the other day.

The government has to assume the debt.

[bucket]

Remeber depape said the cwb was a crown owned corp??????

We just paid wages and for the massive ****ups they made.

[Hopperbin]

You may be wrong bucket. Does a crown corp need to pay off debt or does it not?????

[Hopperbin]

Highly leveraged yes. Every tax payer would like apay off I am sure. Besides the usa law suits would begin again. Remember past last year anyone?

[bucket]

Don't know foe sure but it has been said that the winning bidder gets to keep the money they bid.

Not sure who pays off this debt. But it's hard to believe there is any debt other than the Lakers.

Surely the railcars are paid and worth something.

Winnipeg real estate could be sold.

The rest who knows?