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Canadian Heritage committee  Let me try. As a lawyer, I'll be able to bring as much to bear to it as I can. I think there is a concern in this. It's not just our concern; it's an industry-wide concern. It involves historic content. Obviously there's value to these libraries, and there may be people buying

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  When we get involved in companies, we don't try to run the business. We're investors. In other words, we're not going to go in and become film executives. What we will do, though, is to find people we think are very capable executives, in the same way we have done at our automoti

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  Let me try to respond to that. I've spoken a lot about business. We're here. This is an investment. It's a business investment. But I don't want you to think that the Icahn Group people aren't interested in other things besides business and money. Mr. Icahn's on the board of th

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  No, I couldn't.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  Yes, we've had discussions over the last few months.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  If that's what it said in the media.... I'd have to look back in my notes to really be sure, but it's been a few months, so here we are.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  Yes, we have.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  No. I think the company works like any other company. The Canadian stockholders have their votes like everyone else.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  That's right. I think that in this case there is also the overlay, the cultural issue, the film business. This has been dealt with by Parliament. They have set up specific rules and we're following them. So it's not just another acquisition company.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  That's right.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  That's right.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  Yes, that's right.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  Thank you very much.

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  We invested in the company. We thought their stock was undervalued. We tried to get into a position where we could have a few seats on the board to represent our position. They were very resistant to doing that. We are concerned that the management team is looking at transaction

June 1st, 2010Committee meeting

Keith Schaitkin

Canadian Heritage committee  Unfortunately, you keep asking me about net benefit to Canada, and that area is privileged.

June 1st, 2010Committee meeting

Keith Schaitkin