RE:RE:RE:Great point by cohodes about Andrew mcreath
Good points.
This apperas to be a real trainwreck......If this company gets reduced to dust, Mark Thompson's name will be mud in the investment community (it probably already is).....If this ends badly, I doubt he'll be able to run a publically-traded company (or perhaps even a private firm) for a long time, if ever - I mean, who in their right mind would invest money in a company this guy is associated with given his behaviour and performance......?....When things go south, reputable CEO's admit their mistakes, level with the investment community ,and do their best to salvage what they can for their shareholders.....Mark Thompson appears to be doing the opposite: Trying to save his own skin and wealth while not being completely up front with shareholders about the serious issues with the company.......disgusting.......