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  • dowboardobserver dowboardobserver Jan 2, 2009 11:59 AM Flag

    I'm out

    They are not failures just because of one incident , they are failures because:

    1) Stock price has decline 73.4% under their reign of horror
    2) They establish a strategy based on asset light market facing and have not been able to complete even one deal
    3) K-dow was a cornerstone in sir evil's strategy and he could not pull it off
    4) ROH is now too costly given the market conditions and he can do nothing about it.
    5) Kuwait walks without necessarily paying a penalty
    6) ROH agreements heavily favors ROH
    7) Where's the contingency plan and why isn't it in play
    ...etc

    Nero fiddle's Rome burns .... It's systemic failure / behavior not a one time thing

 
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