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Dennis Gartman- CWB speculative losses

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    #21
    Furrowtickler;

    The CWB is their Viagra.

    Anyone note the loss the CWB takes on 'discretionary losses' come close to the same amount the AWB paid... some $222M... that lost them their 'single desk'?

    For the CWB to smack down a quarter of a billion... and distort the international grain markets the way they did... should qualify them for the same treatment as the AWB for the Iraq affair.

    If the CWB had not blown this cash out the door... would we have had $25/bu MGE? NO WAY.

    The CWB caused starving and disorder in food markets around the globe... with this cash blowout of 'designated area' assets.

    To get a 'premium'... I will remind CWB 'single desk' supporters... the CWB needed to earn the $225M... on top... NOT double down and blow the market apart!

    How could we be so stupid?

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      #22
      What, they can't get new invoices made out?

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        #23
        Complacent?

        Nobody cared when the banks took 125 billion.

        Why worry about this chump change?

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          #24
          Which reminds me.

          Did the losers at the small dead animals think tank ever bring that issue up,or should i just wait for the asteroid?

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            #25
            Cottonpicken;

            'Why worry about this chump change?'

            It affects us into the future on the basis of our PPO contracts... The CWB Directors like Flaman have pillaged commercial growers.

            Till now they got away with it... a smug grin and arrogant retorts are the response to the self serving leadership they bring to the CWB.

            This has been economic terrorism. Communism with greed and their hands in our pockets... typical of self serving rats who spoil much more than they consume.

            We are just like India... and their treatment of rats... it is time we took a stand!

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