MAGNA: Desperate hours fast approaching..

[TheSpyder]

Who would lend that kind of money to these people? No wonder the economy is in the tank

Originally Posted by Suffolk Shippers

If you logged on today, knew nothing of horse racing, Magna, Stronach, etc and you read this paragraph in the Heg piece, you'd have to be floored and wondering how on earth this company is still afloat:



-$500,000,000 lost over five years
-$500,000,000 in debt

Words cannot describe how poorly run Magna is...numbers do the trick.