Calgary Herald online – Beef recall was likely ‘death knell’ for revenue-starved XL Foods

Beef recall was likely ‘death knell’ for revenue-starved XL Foods

Read more: http://www.calgaryherald.com/business/Beef+recall+likely+death+knell+revenue+starved+Foods/7411264/story.html#ixzz29hQb03cB

Hey, I’m most likely not the best math whiz on the planet, however business wise – 25% interest – YIKES, no wonder the old Wendy’s Ad – where’s the Beef !!! is now making sense. With that kind of interest rate, I’ll bet workers never had the chance to see the Beef flying by at warp speed to just pay for the interest.

Question – Who does business like this unless there’s a tax strategy to lose buckets of money to offset capital gains elsewhere !?!?

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