Syncora Holdings Ltd. (fka SYCRF)

[Andecker]

Greedy board members? Perhaps they could be but I actually respect them quite a bit. Why? How easy would it have been in 2008-9 to just call it quits and screw those who trusted them (Syncora) with their business, risk management, active policies, etc. ?


They actually took the hard path to pull themselves out and revive a company that was at 8 cents / share if I recall properly.


While I understand - there are many facets that affect bankruptcy - but in the end, someone get screwed and get left holding the bag or huge loss. Syncora board did not take that route. I am glad they didn't looking at my return for the last couple yrs.

Banjo - are you related to Snowball? IMO