ADM 3360 Lecture Notes - Lecture 13: Mike Duffy, Kpmg, Tim Hortons

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He lives in quebec, apply quebec law. He disappeared and cannot ind the body 2007. The body was close to their house 2013, professor started to have alzheimer disease. Decided to pay him a pension 8k a month. They discovered he was not absent, he was dead. Apparently he was dead 2 days after his absence. Should be the insurance that pays for that, not the carleton pension plan. The girlfriend used that money over 6 years. Only option is to ile for bankruptcy. Revenge of mike dufy - when you go to court, you want to win. Executives wanted to be protected and their personal assets. When people are not getting their pension plan . 1/3rd of the stock market was shares of nortel. The market makes no sense in the it world. 1 share for one citizen in the world. Nortel were buying shares that did not make money.

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