Wynne selling Hydro shares under market value.

[terrym]

You read that right. She is selling shares in Hydro to First Nations below market value and get this, she's lending them money to buy them . What could go wrong in this scenario? Another group she has bought off to cement her hold on us. She will be in power until the creditors divide up the assets and change the locks down at Queens Park.

[yellow dog]

Conflict of interest perhaps ?!

[trimmer21]

Once Wynne and company are finally booted,there'll be enough work for the legal community to get rich with Royal Commissions,inquities,investigations and Court trials to keep them busy for decades.

[terrym]

Yup and none of that will help the average middle class taxpayer. She will live like a queen on our money the rest of her life as will her entourage of incompetent fools. Although there was so much dirt exposed on the Libranos that they should have been decimated yet they got a promotion to a majority mandate. Ontario needs a new moral compass I think the one we use now has a bent needle.

[terrym]

[QUOTE=yellow dog;980615]Conflict of interest perhaps ?![/QUOTE
One would think that selling off an asset so valuable and strategic as Hydro at below market value would or should be illegal and a breach of fiduciary duty to protect the Province? But then again even if it was do you really think the OPP would charge her? She owns them and knows they would never bite the hand that feeds them.

[yellow dog]

Yup and none of that will help the average middle class taxpayer. She will live like a queen on our money the rest of her life as will her entourage of incompetent fools. Although there was so much dirt exposed on the Libranos that they should have been decimated yet they got a promotion to a majority mandate. Ontario needs a new moral compass I think the one we use now has a bent needle.

Maybe Putin will clean house for us with all this talk about a third world war.

[Dythbringer]

Hmmm, I wonder if the public sector unions will have this sweet deal as well.

[stragglelake]

Hmmm, I wonder if the public sector unions will have this sweet deal as well.

Probably just the OPP


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[terrym]

Hmmm, I wonder if the public sector unions will have this sweet deal as well.

i could be wrong here but I think hydro executives had first kick at the cat. I would be stunned if the Teachers aren't in on it.

[skypilot]

It usually boils down to the fact the current sell price is grossly over valued. She is likely sticking it to the share buyers one the front end and making money on the loan she gave them on the back end also.

Glad to see the liberals are begining to be equal opportunity screwers.