GREY:LSTMF - Post by User
Comment by
boarderex86on Jul 16, 2016 12:12am
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Post# 25058259
RE:RE:RE:RE:RE:Blame management!
RE:RE:RE:RE:RE:Blame management!They started cutting and selling assets at the end of 2013, before oil even dropped. And $1000/day is the cost of a (low cost) consultant. If you want to run an oil company you have to pay the market price.
Sorry everyone but I am tired of all the oversimplification and hindsight comments. Own your mistakes and stop pretending this was some sort of fraud or negligence.
UppersDowners wrote: LTS has run this business to the ground and have not made the cuts needed to survive. I know people who work for LTS that still make $1000K a day consulting and laughing at the money this still make. Not to sure why LTS never made the big cuts and reduced expenses further. Live like a king die like a king I guess.