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Poor Man -

05/03/20 10:55 PM

#281335 RE: manibiotech #281333

In my opinion, sweetheart deals are one thing; self dealing is another.

Definition:

Self-Dealing. The conduct of a trustee, an attorney, or other fiduciary that consists of taking advantage of his or her position in a transaction and acting for his or her own interests rather than for the interests of the beneficiaries of the trust or the interests of his or her clients.

Although the definition is directed at lawyers, it equally applies to CEOs and shareholders.