RE:Please. Tell me WHY! The boards approved their salaries under the assumption that this would be enough for these people to support a decent lifestyle for themselves and their families.
What the board didnt realise is the greed factor. Temptation to short stocks and manipulate them to make quick easy low risk money is only possible when backdoor is open to information inside the company.
Irwin has clearly mentioned in his interview last year on bnn when he was Interim CEO that he doesnt mind the stock to be shorted coz that way it would rise even more on good results. It felt as if he is justifying actions of shorts or may be telling himself its all okay in the long run. But its not okay, the corporate governance structure is too weak and shallow to question all the hanky panky money raises and non essential deals