Banks to Asper: we’re in charge now

I guess he still has an office somewhere and thinks he’s in charge of something, but Scotiabank straightened him out: the lenders are in charge and are going to get their money back regardless of Leonard Asper’s opinion. The Globe gleefully reported an exchange between the bank and Mr. Asper today on the front page of the Report on Business today. Give the Black Knight credit for spunk, but the truth is the old management is done.

Globe and Mail, January 11 2010

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