Quote:
Originally Posted by ReplayRandall
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.
|
I’m laughing. Dad built the company. Belinda reaped the rewards of the empire her dad built. It’s dad’s empire (and mom’s) and if they want to take it all and shoot it in a big bag to outer space, that’s their right and their choice. Belinda should feel only gratefulness for what she’s been given. You don’t ever dishonor your parents over their money, you don’t ever steal your parents’ money.
Again, I’m going with what’s been reported so far. If Belinda can show it’s all untrue then I may change my opinion.
