Post by
RiskyBiz39 on Dec 06, 2013 10:15am
So Rivergreen. How was the COO so bad?
Was it him that led to the poor business dealings and bad contracts? Cant be just one dude in all this mess. I still believe Walter catches the final buck. Love to know more info. One thing is true. I know they pitched drilling deals and took in junk contracts from high leveraged oil companies to make book. Now they cant get paid. ITS GOOD TO BE A LITTLE CHEAPER IN THE PATCH TO GET DEALS. BUT A CRAPPYYY DEAL IS A CRAPPY DEAL.. HENCE HRT HRT HRT.. Does Nabors have to go sue to get paid? No. So why did Walter make a deal in Houston on big long term pay contracts for COO and the other gfuy last year and now its all over. ? Why Why Walter? Have these contracts been setteled? Whos running South America?
Comment by
rivergreen on Dec 06, 2013 10:32am
Yes, ultimately the responsibility lies with Walter for appointing an unqualified COO, and he admits that, I see you Never listened to the CC, or did you?!! TID will receive 75-80% of all money owed to them as well as the law suit awarded to them!!!