While I agree with your take on incompetence at the decision making level - I disagree with risk on a low end number and I'll tell you why. Carter and friends were at least smart enough to let this run all the way to trial where the defense spent 1 day arguing their points before giving up and asking for a stay to settle as they had no formidable defense. Had they been looking for a quick and easy way out they would have settle well before trial to take the money and run as quickly as possible in their grand plan that has recently run into a wall legally. Also - had the settlement figure been much less than most expected - they would have definitely allowed the figures to be shared publicly (whether legally or not) in order to discourage lawsuits and actions such as the intervention they are currently working so diligently on trying to have us excluded. If the settlement figure were $100 million or less and shareholders knew that do you think they would have as much endurance to fight? These are preposterous notions that can easily be excluded from logical discussion.
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