SNC Lavalin shares

[Robertbarlage]

Are they going to tank?

[Oliver88]

Dividend was chopped severely.

Hopefully they tank and hit $0 due to their crooked executive.

[farmaholic]

I bet they won't be allowed to.

They will have a parachute AND safety net to assure a soft landing.

Too big to fail.

Edit in: oh yeah it's QuebecCo based

[MBgrower]

Canada Pension Plan probably biggest shareholder at the direction of our supreme leaders.

[jazz]

They are already banned by the world bank for overseas work and now we in Canada all know about them. Anyone that hires them is going to be tacitly supporting corruption so their contracts will dry up. Only way to survive is to get bought out and move. Good riddance I say.

[farmaholic]

Likely only the tip of the iceberg...."likely"....I'd bet the farm it "is".

[bucket]

Either through the CPP or the taxpayers if SNC fails .....the money is coming out of the same pocket....

Its corruption right along with Bombardier .....BTW anyone hear if any of the billions to help develop the C Series jet came back to the taxpayer when it was given to Airbus?????

Apparently , according to Micheal Wernick, talking about the corruption in government on sites like this causes him enough concern to issue warnings....

What he should be doing is focusing on stopping the criminal activities ....

The conservatives are asking if the RCMP have been called in on this SNC affair.....someone should be calling them...

[15444]

Still rated as a good buy on the market. SNC failing would be the equivalent of ripping out the rail main lines - not going to happen. You will pay a 30% carbon tax and have it all funnelled into SNC before anyone allows it to fail. It is a Quebec busines, and just like Indians, they have priority over everything else, especially white English-speaking farmers - it's in the fine print of the Constitution - followed by the words, 'Now get back to work'.

[foragefarmer]

The stock poses a great buying opportunity! That's what's worth focusing on, as everything else going on with it is out of my control.

That's how the big boy's make their money!

[sumdumguy]

Lots of new Lexus sportscars. Can you imagine?