Blue, I don't disagree with the facts you've laid out, more with the motives for the various "misrepresentations". I don't think the "lying" was because he wasn't trying to do all that he was personally able to do to achieve success (Monday morning, second guessing aside). Or that the "lying" was the cause of failure for Wave, but that the lying was the necessary by product OF the failure, and something all CEOs do, to one degree or another, when they have to...it's a job REQUIREMENT. The alternative, in many CCs would have been for him to say "Folks bail out of this POS! We have junk for sale, and we just can't sell it. Save yourself, this quarter is worse than the last, and the next one will be worse than this one!" (Or not junk, but rather having to deal with circumstances Orda has outlined, which I pretty much agree with). But to call a man....any man....all sorts of names because he has tried mightily, but has failed, is minimally, silly to me. To sit in the audience and ridicule the guy"...whose face is marred by dust, and sweat, and blood; who has tried valiantly, but has failed..." (see Teddy Roosevelt)...that's the man who is lacking in character, not the man on stage.
News 
Market Data 
Discover 
