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No, it's just plainly obvious that none of these people should never be allowed around a budget much less corporate governance.


It also looks as if they never even bothered to look up the rule book. They are probably used to just doing as they please and getting away with it. What surprises me is the number of HN'ers that seem to believe that a board can act with impunity and complete isolation from the fall out of their decisions. That's not the world that I live in and I've interacted with various boards over a long career and have never seen anything close to the level of incompetence on display here.




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