Yeah. Hard to tell if they are really just obscenely stupid or if they just intended to break the law. I'm thinking perhaps they got a few opinions and went with the one they wanted to be right rather than the competent ones.
Seems like if the manager commits a crime, the shareholders shouldn't be stuck paying the cost. Is it any surprise I didn't find a way to inform their ethics committee of that violation? Not sure they even have one.
What's the name of the fallacy where you start with your intended outcome then cherry pick "facts" to prove it while disregarding contracting facts?
This is the former Countrywide crowd pulling shady moves again - what a shocker! I hope they're sanctioned by the courts, although that's a high bar.
Disclosure: we do not invest in shady managers :)
Yeah. Hard to tell if they are really just obscenely stupid or if they just intended to break the law. I'm thinking perhaps they got a few opinions and went with the one they wanted to be right rather than the competent ones.
Seems like if the manager commits a crime, the shareholders shouldn't be stuck paying the cost. Is it any surprise I didn't find a way to inform their ethics committee of that violation? Not sure they even have one.