T he sale of CanWest Global Communications Corp.’s newspaper chain, set to begin this week, has exposed a deep and bitter rift between its chief executive officer Leonard Asper and what was once one of the company’s most trusted banks. In response to a letter Mr. Asper wrote last week attempting to block creditors from putting the company’s 45 newspapers up for sale, the Bank of Nova Scotia has written a scathing letter questioning the CEO’s authority.

January 11th, 2010
Money maker
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