Quote:
Originally Posted by Fager Fan
Weird. I thought the opposite. I've always respected that what my parents built was theirs, not mine. Without knowing more than what is in the article, the classless one looks to be Belinda. That's no way to treat your parents.
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Belinda took over The Stronach Group 2 years ago, and do you know why? Frank Stronach had served as chairman of Magna Entertainment Corp., which included many of the same assets. That company filed for Chapter 11 bankruptcy in March 2009 after mounting debt reached hundreds of millions of dollars. So dear old dad has been basically wrecking the company that all the family members help build. Now at 86 years of age, he is no longer capable of producing the profitability that the company once had. On the other hand, his daughter Belinda is one of the most powerful women in all of Canada, with the World Economic Forum naming her a "Global Leader of Tomorrow".
Bottom-line, Frank has lost his business acumen, his family's respect and his mind......The filing of this lawsuit proves this.
