Uncategorized Cope at the bat: With apologies to Ernest Thayer Greg Meckbach @itworldca Published: December 10th, 2008The outlook wasn’t brilliant for the pension fund that dayThe telco owed big bucksAnd had to keep lenders at bayAnd then when KPMG failed toDeliver news of fiscal healthA sickly silence fell upon investors seeking wealthA straggling few sold their shares in deep despairThe rest – clung to hope which springs eternal awaiting the solvency testThey thought, “if only Cope could get a whack at that”We’d bet our retirement savings now that Cope is at the batBut Sabia preceded Cope and before it was MontyThey bought the Globe and Mail and invested big-time on IPAnd then a stricken multitude of mergers followed thatThe telco lost some focus before Cope picked up the batThen from five thousand shareholders throats there rose a lusty yellIt rumbled in Silicon Valley it made investors want to sellThe large shareholders wanted some big changes at BellSo they launched a strategic review, Come high water or hellTen million eyes were on them as they agreed to an LBOFive million hands applauded when the Supreme Court said it’s a goBut in the end the balance sheet made the auditors say, Uh-oh.Oh somewhere in this favoured land the sun is shining brightSomeone’s shares are rising, and some telcos have no plightBut there is no joy on Bay StreetThe bean counters got cold feetWould you recommend this article?00 Thanks for taking the time to let us know what you think of this article! We'd love to hear your opinion about this or any other story you read in our publication. Click this link to send me a note →Jim Love, Chief Content Officer, IT World Canada Related Download Sponsor: Carbon60 Moving to the Cloud: Beyond the Myths Get on the road to cloud success by moving past the myths around it. Register Now Uncategorized