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This page is inaccurate. For example, EdPer was founded in 1959. It did not acquire majority shares in Brascan until the late 70’s/ early 80’s.
Beyond the specific inaccuracies, I would argue that the “history” outlined on this page does not reflect that the trajectory of Brookfield’s growth. The story starts with EdPer, which is an offshoot of Seagram’s and Son’s. In the late 1960’s Edward and Peter Bronfman hired Jack Cockwell to manage their investments. Jack Cockwell previously worked for the accounting firm Touché Ross (now known as Deloitte) , whoch handled the accounting for Seagram’s. Cockwell was very familiar with Seagram’s labyrinth of trusts snd subsidiaries and applied this same convoluted investment strategy at EdPer. In the late 1970’s / early 80’s Cockwell oversaw the hostile takeover of Brascan. Brascan was simply an investment vessel that was plundered by cockwell and repurposed.
I think this page needs to be reformatted to reflect the fact that Brookfield Corporation grew out of EdPer, not out of Brascan. Jamesroux86 (talk) 17:08, 28 June 2023 (UTC)[reply]
