News   GLOBAL  |  Apr 02, 2020
 6.4K     0 
News   GLOBAL  |  Apr 01, 2020
 33K     0 
News   GLOBAL  |  Apr 01, 2020
 3.2K     0 

adma

Superstar
Member Bio
Joined
Apr 24, 2007
Messages
17,024
Reaction score
1,623
Why in the world do you need a realtor to sell Rob Fords house? All they needed was a tacky sign and It's already publicized over the news. Some fanatic or investor with too much money on hand either wants to insanely overpay on market value or not. They may have a number in mind and just seeing If they can get it.

Possibly giving the family too much credit and they may be playing games or simply desperate but this home is far too iconic to not sell itself.

On paper, it "sells itself". But when it comes to, well, proper real estate decorum...

To take one example: in theory, one could have sold Prince's house on the Bridle Path by simply putting a tacky private-sale sign in front declaring it to be Prince's house. But they chose to go through proper channels.
 

adma

Superstar
Member Bio
Joined
Apr 24, 2007
Messages
17,024
Reaction score
1,623
Didn't someone mention up thread that it looked like work was being done?

I mentioned that the garage door had been repainted (or replaced?) btw/ my Victoria Day drive-by and a week and a half later.

I can understand needing $200-300,000. to run things for a couple of years, but $800,000? The article also mentioned that Doug hasn't done an accounting, and that's because we know he's played fast and loose with the estate. He probably used the money to run his camping for Premier. I don't think she's going to get a lot of money from the Fords. Maybe she can repossess some of Karla's handbag collection?

A family member who's in the Ford camp and may be party to more than I am suggests that Renata might have a *gambling* problem, never mind a simple substance abuse problem--which could explain the high amounts of frittered-away money involved. Of course, this may be just more but-her-emails whataboutism directed at Renata--still, as I've said, even the leaking funds at Deco have a gambled-awayness about it all (even if more metaphoric than actual); and of course, the Fords (like Trump) have long had this obsession with casinos, Woodbine and otherwise. So, pot/kettle/black?

Whether as operators or as users, Ford Nation (and Trump Nation) *is* a gaming industry, as set to politics.
 

adma

Superstar
Member Bio
Joined
Apr 24, 2007
Messages
17,024
Reaction score
1,623
I found this on Facebook interesting...
https://www.facebook.com/christopher.bird.90/posts/10156274388283913

A couple of quick thoughts on yesterday's bombshell Doug Ford news, from a pair of professional perspectives:

1.) Speaking as a former journalist, one thing I think most people don't realize is that journalists, because of the potential damages from lawsuits, are very careful about what goes into their stories - you only put in what you can verify/prove to a reasonable extent. This means that, in practice, there's a gulf between "what you know" and "what you can print." A good Ford-related example of this is that it was common knowledge among municipal journalists, long before the crack video story ever broke, that Rob Ford was a serious cokehead. But this never saw print, because no journalist (at least, none worthy of being called one) was able to directly witness Rob Ford snorting a line, and no journalist (or their editor) was willing to print a story about how Rob Ford exited a bathroom sniffing conspicuously, because Rob Ford sniffing a lot is innuendo, not fact.

Similarly, back during those years of 2010-2014, there was a steady ongoing discussion, which was: "how well is Deco Labels run, anyway?" Mostly the conversation started because, if you ever listen to Doug Ford talk for more than ten minutes, you realize he's honestly not a very bright person at all, and everybody wondered "how is this dumbass running this supposedly successful company?" But nobody had access to Deco Labels' records, because it's a privately owned company, so there wasn't a story to be written.

Still, it was common knowledge that Doug Ford Senior had run the company well - he legitimately made himself rich via that company - and it was common knowledge that Doug Senior, before he passed, had established a good number of longstanding business relationships with solid, long-term customers which essentially ensured the company's future so long as nobody dramatically screwed it up. So most people generally figured the company was idiotproof.

2.) Speaking as a lawyer, one thing I - and probably every other lawyer who read the Statement of Claim that was made public by Renata Ford and her lawyers yesterday - immediately noticed is that Renata Ford's Statement of Claim makes very, very specific allegations about Deco Labels' performance. At paragraph 25(a), the Statement of Claim states that, according to the company's financial statements, Deco Labels Toronto lost money in 2010, 2011, 2012, 2013, 2016 and 2017, and Deco Labels Chicago lost money in 2016, and states the actual amounts lost in each year. (The smallest amount lost is $396,376; the largest is $2,164,577.)

Renata Ford is represented by Aird Berlis LLP, which I would characterize as a well-respected middle-tier Toronto law firm. The lawyers there know what they're doing, which to me means this: no lawyer who knows what they're doing would draft a litigation document citing specific numbers taken from specific documents UNLESS they had hard proof of them, because making assertions of fact that aren't true harms your case. (If they had serious reason to believe that Deco was losing money but no proof, they would use less firm language, like "Renata believes that the company has been mismanaged," and then try to get to the truth via the discovery process.)Thus, were I a gambling man, I would put a lot of money on Renata Ford - and therefore her lawyers - having the financial statements for Deco Toronto for those six of eight years, and for the one year in Chicago.

(As for the other years, it may be that the company was profitable in those years, or it may be that Renata Ford simply didn't have copies of the financial statements for those years. I suspect the latter, but the discovery process for this lawsuit will eventually reveal all - if Doug and Randy don't settle.)

With respect to Renata Ford's other claims about how Doug Ford essentially looted his late father's estate and stole from his brothers' children to prop up his lifestyle and appearance: they are, if true, monstrous, and I'm sure anybody reading this knows that my personal opinion of Doug Ford is that he is lower than dirt so I have no problem believing that they *could* be true. But I also know Renata Ford is not the most reliable person in the world either, so I'm not making any judgement calls on those claims yet.

But I'll say this: as far as I'm concerned, at this point the question of whether Doug Ford is a successful businessman is essentially answered. He isn't one. He's a failure at it, just like he's been a failure at everything else in his spoiled rich boy life.

And if he wants to prove me wrong, all he has to do is release Deco Labels' financial statements which say otherwise, and which would wreck Renata's lawsuit right out of the gate - but I doubt he's going to do that.
 

zang

Senior Member
Member Bio
Joined
Jun 6, 2013
Messages
2,230
Reaction score
2,855
I found this on Facebook interesting...
…all he has to do is release Deco Labels' financial statements which say otherwise, and which would wreck Renata's lawsuit right out of the gate - but I doubt he's going to do that.

That's the thing, huh? A self-congratulating blowhard like Ford is quite genuinely handed a chance during a tight election to *prove* his success in business and push his party over the top, all without the repercussions of seeming like a boastful prick and yet he can't be arsed to do it. Yeah, Deco's falling hard.

Part of me hopes he wins, just to see him dragged out of Queen's Park in cuffs for defrauding Renata and the kids.

Make daddy proud, son!
 

44 North

Senior Member
Member Bio
Joined
Feb 8, 2010
Messages
3,753
Reaction score
2,268
That's the thing, huh? A self-congratulating blowhard like Ford is quite genuinely handed a chance during a tight election to *prove* his success in business and push his party over the top, all without the repercussions of seeming like a boastful prick and yet he can't be arsed to do it. Yeah, Deco's falling hard.

Part of me hopes he wins, just to see him dragged out of Queen's Park in cuffs for defrauding Renata and the kids.

Make daddy proud, son!

Please. Mama Fratelli, I mean Diane Ford, would have Doug out of jail in no time. Ever seen the intro to the Goonies?
 

adma

Superstar
Member Bio
Joined
Apr 24, 2007
Messages
17,024
Reaction score
1,623
Imagine if, instead of Grant Devine, Colin Thatcher led the Saskatchewan Tories to victory in 1982.
 

MetroMan

Senior Member
Member Bio
Joined
Apr 23, 2007
Messages
8,108
Reaction score
4,789
So is the Finch LRT dead? No way that survives Ford's cuts.

I guess we're building a wasteful Sheppard subway extension. Will there be any money left over for the Relief Line? Goodbye Waterfront LRT for sure. What a disaster...

What happens to the Ontario Place revitalization? Does it survive? Sold off? Maybe it becomes "Rob Ford Park"? oh gawd...
 

TransitBart

Senior Member
Member Bio
Joined
Mar 26, 2016
Messages
2,378
Reaction score
1,719
City:
Toronto
The future will bring surprises. Doug Ford is a buffoon. We should resist the urge to speculate on the ridiculous.

@MetroMan , the Finch LRT is a done deal unless the next government wants its own gas plant - cost of terminating contracts - controversy.

The contract was awarded May 8 to Mosaic Transit Group. Count Line 6 done.
 

MisterF

Senior Member
Member Bio
Joined
Apr 24, 2007
Messages
3,578
Reaction score
3,226
The future will bring surprises. Doug Ford is a buffoon. We should resist the urge to speculate on the ridiculous.

@MetroMan , the Finch LRT is a done deal unless the next government wants its own gas plant - cost of terminating contracts - controversy.

The contract was awarded May 8 to Mosaic Transit Group. Count Line 6 done.
People probably said the same thing about the Eglinton subway. And the Jarvis bike lanes.
 

JWBF

Senior Member
Member Bio
Joined
Feb 10, 2010
Messages
3,781
Reaction score
470
City:
Toronto
Please. Mama Fratelli, I mean Diane Ford, would have Doug out of jail in no time. Ever seen the intro to the Goonies?
That's assuming that Diane is not found complicit in the fraud or dare I say embezzlement.
 

Top