Friday, December 04, 2020 8:21:45 PM
Interesting list. Not sure I see any examples that correlate well with what Nasrat has pulled off for the last 6+ years. I should have thought of McClendon. I used to follow Chesapeake closely. I recall he drove his truck straight into a bridge abutment at 90 MPH on a sunny day less than 24 hours after he was indicted. I don't follow WeWork, but I know that Neumann's conflicts of interest derailed their IPO. He was forced to resign, crying all the way to the bank. I've never heard of the others, but it seems like leasing a building at market rates is a long way from buying millions of dollars of ANDA's at heavily-inflated prices.
Occam's razor: the simplest solution is most likely the right one.
Hanlon's razor: never attribute to malice that which is adequately explained by stupidity.
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