There really ought to be a corporate DNR

I've recently helped a couple of aging relatives with, and instituted for myself, a notarized DNR (Do Not Rescusitate) wish. It's called different things in different provinces/states but the effect is the same. It's a wish of a person NOT to be revived through (often) "heroic measures" or life support in the event of a mortal health event (i.e., let me die). Corporations deserve the same opportunity, with shareholders being allowed to determine whether there should be a DNR. Air Canada is one such entity that ought to have had a DNR in place long before Robert Milton, the corporate Dr. Kevorkian, took hold of the patient. It seems that withDeutsche Bank and GE Aviation Capital, along with a "smaller quarterly loss," Milton has convinced the court to extend its CCRA protection for a little while according to this Globe and Mail item.

Whatever. At least now there will be something to entertain us all what with Friends ending tonight.

On a related note, Westjet has increased its April traffic 31% year over year. Increased trafffic; profits; expansion . . .

Posted by Grayson at May 6, 2004 07:54 AM