Replies to post #27853 on China MediaExpress Holdings, Inc. (fka CCME)

[dipstick55]

Really, the psychology is no different than a guy holding up a liquor store for 15 bucks, than a bank robber for 100K. Both had a need, its just that the need is more immediate in one case vs. the other. I could get deeper than that, but a holdup is a holdup, the amount matters not.

[Texbanker]

I'm not saying Cheng and the rest of his loyal board are totally innocent. I'm just comparing this situation to a lot of others that are out there right now in the same boat. As far as internal strife between management, a BOD, regulators and auditors, every company I've ever worked for has experienced it to one degree or another. I was at one bank where some of the Board sued the Investment department for recommending a particular REIT that went south. They won and collected through the banks insurance. I'm just saying this type of stuff is more common than you realize. Again, not being any less skeptical of CCME manangement, but keep it in perspective.