I completely understand and I completely respect your opinion.
I am just viewing this from a different angle. The truth is we really have no idea what his reasons were for doing so. To make a quick money for himself? He is pretty comfortable financially so I am hoping that is not the case. But maybe to help fund something big like for instance maybe they have acquired a brokerage firm and if this is what was needed to finance the project and speed up the process, then I would not hesitate to make the same call, because it is for the good of the company. But then again, we really don't know. His true intention was/is to reduce it and it doesnt mean he won't. Like philcheeze, I am giving him benefit. Lets hear it from his mouth and see.