Quote Originally Posted by Ian Grant View Post
That's your conclusion maybe not mine.

No Perez and other executives took extremely high salaries etc and at the same time had no idea of how to take the company forward succesfully in new ways.

And if the Board of Directors authorized it - there isn't thing #1 that anybody can do about it.

And guess what? In a Chapter 11 proceeding it is very likely that Perez and other Sr Execs will be first line after the US government to receive compensation because Perez was probably shrewd enough to demand that his severance be fully securitized.

And the bitch of it is that it is entirely, 100% legal.

Bill Gates, himself, has lost quite a bit of money on Eastman Kodak stock and not even he will be able to do anything about it.