Wednesday, 26 March 2014

A Few Facts (ahem) about John Tory

Most people who've been around for a while know this one.

Watch for young sprog Tory starting about 2:19. Ending with Kim Campbell and we know how her campaign went.

Here's Wiki:

The decision to launch the ads was taken mainly by PC campaign director John Tory along with Allan Gregg. . .

Arguably, the modern age of vicious attack ads was launched with that beaut.

Now, courtesy of a John Tory parody account, two stories you may not know (I didn't).

The Missing Years in John Tory's Resume, aka The Cable Guy.
From 2001 until 2009 John Tory was a director of Charter Communications, at the time it was America's 3rd largest cable and internet company. He was also a member of Charter's audit committee. It looked as though he was going to do the right thing and resign when he became PC leader and an MPP.
. . .
Long story short, Charter Communications filed for Chapter 11  bankruptcy protection on April 1, 2009. Under John's watchful eye as a director and member of the audit committee, Charter which was then America's 4th largest Cable TV company had amassed $20 billion of debt that it couldn't repay.
. . .
Charter had collapsed under a huge debt, but it also never made a penny of profit in all of the years John was there. 
. . .
John Tory's run with Charter Communications came to sad ending in 2009.  John takes credit for successfully leading, managing and obtaining results from large, complex organizations.
. . .
He may have stabilized the CFL, and he still is intimately involved in the Oligopoly that is Rogers, but in the real world of business he presided over one of the largest bankruptcies in America, #14 on Forbes list link

So why is this significant?

It is omitted from his resume (and only mentioned in arcane references buried deep inside corporate filings) even though Charter Communications was 3 times the size of Rogers' cable and internet businesses.
. . .
Pretty much all of John's business life he has been in companies his dad either owned or had great influence over.  Charter Communications was different. It was an American company and it was big. When John closed the door behind him at Charter, the company was unable to pay its debt and its shareholders were wiped out.

No wonder he excluded Charter from his resume.

Some business man, eh?

And now for some very recent prevarications. Watch Tory make shit up.

And now for my fave photo (so far). Anyone for cricket?

ADDED: More extensive fact-checking of the bogus humble beginnings fable.
Just a regular guy. Much like Rob Ford, in fact, with a bit of gloss.

1 comment:

Alison said...

That gawdawful ad! And Chretien's masterful response : "When I was a kid people were laughing at me. But I accepted that because God gave me other qualities and I'm grateful."
I remember people who had never given a shit about politics before in their whole life really responding strongly to the petty injustice behind that ad.
Now we're swimming in it..

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