Corporate executives dishonest, oh my!

The Globe and Mail accuses Canwest head Leonard Asper of talking out of both sides of his mouth, telling the CRTC that Canadian television is in financial peril and telling shareholders that Global TV is making a gazillion dollars with profit margins going up.

On the one hand, it's true. On the other hand, it's neither surprising nor is it unique to Canwest. As the article points out, Globe owner CTVglobemedia made the same statements to the CRTC, and I don't think that company is telling its shareholders that it's near bankruptcy.

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