Post by
bmbruce on Nov 11, 2022 12:04pm
debt
they took on too much debt and now we shareholders are paying for it...don't understand how they expected interest rates to remain so low when the signs of inflation and higher rates were coming ...in short they bit off more than they could chew..the CEO should be out
Comment by
johnathamilton on Nov 11, 2022 3:58pm
If the CEO took them in this direction then he really should be out. Unfortunately, so many of these CEO's have golden parachutes so it's heads they win, tails shareholders lose. I'm really wondering where the Board of Directors was on this purchase if it was so bad?