Monday, March 31, 2014 5:41:00 PM
The CVR was the final masterstroke.
It provided one last bit of evidence that the Libigel dream* was real. They needed it to be alive just a little longer and then, to die slowly and quietly. The CVR helped reinforce the Libigel dream they had created in the minds of their victims the investors. The same victims who would now sit idly by while the BOD** engorged themselves one last time on our money. Victims who would have very little to say while the BOD assigned responsibility in the matter to others and they quietly exited the building.
Perhaps what makes it stand out to me as such a masterstroke is how much it takes into account human nature; that we are selfish and forgetful. Many of us are "in the black" now right? So some other people got burned. Not our problem. It's funny to look back on. Man we were dreamers. Silly us. Boy oh boy I'm glad the new guys are taking such good care of us now. We sure are lucky being so foolish that we have made out as well as we have!
Everyday that passes with no mention of Libigel or with outright denial from the new guys they have even heard of it. It dies, slowly. It ran it's course and it's getting less and less likely we'll ever hear of it again. It did it's job, let it rest in peace. It's probably too like now to do anything about it anyway and afterall, who cares. Right?
Absolutely brilliant.
* This is not to say the libigel is not of some value, at this point I think your guess is as good as mine. The "Libigel dream" is that it is valuable to you and me (the investors). That is the story they created.
** BOD and whoever else was involved in this.
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