Goldman Sachs is to sell its 2/3 share in Atlantis, for 450 million to Shaw. And the sale of Canwest TV stations to Goldman is off

Only a Canadian company can buy a Canadian TV network; Goldman buying Atlantis and then selling at 2.5 billion, breaches the CRTC ownership rules
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The 1,183 million (CDN) Atlantis TV network sale price to Goldman Sachs and Canwest, is the official sale price. Not the sale price though, puts, and earning assumptions used as a accounting loophole to beat the CRTC ownership rules. Goldman bought a Canadian TV network, between the transfer to the next Canadian corporation, doubled the price. Therefore Goldman Sachs corporate takeover and sale of Atlantis at 2.5 billion, violated Canadian ownership rules.

A non Canadian company bought the asset and doubled its investment selling it to the next Canadian. Their logic is that the sale price is still 1,183 million, and the extra is hypothetical profit, the basis of the puts, but our logic is that under GAAP cannot be stated this way. The 2.5 billion basically is the sale price under GAAP.


http://www.crtc.gc.ca/recherche-search/?q=atlantis&n=e&d=crtc&m CRTC Atlantis files
http://www.ccarts.ca/en/advocacy/bulletins/2010/0510.htm
Quote, "That acquisition was funded by the U.S. investment bank Goldman Sachs. The Commission required the parties to redraft significant elements of their partnership agreement in order to satisfy its concerns."

Fraud to not represent the arbitrage at over 2 billion, and register hypothetical profits of quarter a billiion annually, to say in accounting that Goldman sold Atlantis at 1,183 million. The CRTC cannot rewrite GAAP. Goldman also attached a 700 million loan to Atantis. Owner and the lender the same, multi non arms length transactions lending not desired; prefer the Canadian Banks lend these funds to Shaw Canwest Atlantis, at a reasonable, fair 5%.

Your welcome Shaw and Canwest shareholders.