Then-editor Nicholas Hirst warned Kreiner “This letter become insidious if followed by others. It suggests there really is something wrong.”
The letter specifically alleged that the $10 Million cash infusion from the Solidarity Fund of Quebec (Fond) was “a short term loan with high interest rates (20%)” and questioned why Crocus called it an “investment” when it could be cashed in on demand.
Hirst explained his emailing the 'Letter to the Editor' to Kreiner, “as an example of one of the many letters we are receiving about your fund.” Saying he had already found it "difficult to keep such letters out of the newspaper”, Hirst admonished Kreiner “I was not being light”.
“Part of our job is to provide balance,” reminded Hirst, concluding “the only way to combat it is to continuously reply with facts.”