Wonder why Canwest Global stock is trading at about 35 cents?
Have a look at the rant today from Lorne Gunter - former editor of the now defunct Alberta Report. It seems the market for erroneous and irresponsible tripe is not as large as the editors of the National Post might think.
Last week, CanWest (owner of the National Post) had a cap-in-hand meeting with their creditors and managed to grovel out a two-week reprieve on ponying up $88 million of their mountain of debt. They are now looking for things to heave over the side to stay afloat.
His latest tirade against the know-nothing scientific community is an excellent example of why the National Post has been bleeding red ink for years.