Quebecor World Inc., North America's second-largest publicly traded printer, sought protection from creditors in the
U.S.and after talks over a rescue deal failed. Canada
Quebecor World, led by Chairman Brian Mulroney, a former prime minister of Canada, missed the Jan. 15 deadline and also failed to make a $19.5 million interest payment on its outstanding $400 million in senior notes.
Looks like ‘Lyin Brian is just as good at managing Quebecor’s finances as he was the nation’s.
BONUS Unfair partisan cheapshot:
At least now he’ll have more of time to testify under oath before a public inquiry about accepting envelopes stuffed with cash and what not.
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