Fraud As A Business Strategy Always Burns Shareholders!
Good Morning, Bonjour, Guten Tag, Buon Giorno,
Readers, according to media reports announcing the settlement of the big lawsuit brought by Monsanto involving claims of brazen patent infringement by DuPont, DuPont will quickly be appealing fraud sanctions imposed by U. S. District Court Judge Richard Webber.
Why were those sanctions imposed in the first place? Seems Judge Webber caught DuPont and its officious officials lying to the court and the jury, not to mention investors and the public at large. The Judge banged his gavel and demanded no more fraudulent talk about DuPont's phony right to use Monsanto's superior seed technology and DuPont's sagging seed business. Judge Webber publicly disclosed his fraud rulings in December 2012. Now DuPont Management is frantic to get those fraud sanctions lifted...not good for the contrived PR IMAGE of the Company, we understand.
Our take: Any corporate management which deploys FRAUD as a business strategy to compete ultimately is going to trash shareholders. DuPont executives infected with ENRON ETHICS have a long documented history of costing DD shareholders $billions with the clumsy tool of FRAUD, whether it's BENLATE, tree-killing Imprelis, toxic cancer-causing Teflon chemical cover-ups, or criminal price-fixing.
In summary, a CHEAT-to-COMPETE business model demolishes shareholder value; it does not build it.
Merely the morning comments of one individual investor, DD shareholder, and long-time student of DuPont in