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Re: Jestiron post# 208991

Wednesday, 06/09/2010 7:48:49 PM

Wednesday, June 09, 2010 7:48:49 PM

Post# of 734778

Of course, this does not remove the BOD or the Debtors from their fiduciary responsibilities to the estate, including equity holders.


You are correct about the pinky’s – thus their high risk! Thus as to your above quote regarding the BOD, IMHO, the BOD has no direct fiduciary responsibilities to shareholders! That said, they DO have a duty to the court to produce these numbers (ala Susman/Solomon) and we (shareholders) of course should get them via the EC’s success! … rs