PDA

View Full Version : No1b4me

tcan
February 20th, 2003, 09:15 PM
No1b4me,
I owe you a better response (ACLU) …..

The Enron implosion was created when a Corp officer went into business for himself. He used his office to facilitate transactions that were not revealed through the normal Vetting of Enron inc…..shareholder confidence failed…. bla bla

GMH inc could have a similar problem. It would seem that an Executive of DIRECTV may have gone into business for himself. All Corporation business conducted using company letter head requires a Signature,. title etc (business 101). The letters # 1 and # 2 are of the type that would require the signature of a Corporation Officer (VP or above) but are NOT signed by anyone… Perhaps the Chairman of GMH could explain…..
condmca
February 20th, 2003, 10:08 PM
Are you suggesting that dave might declare bankruptcy in order to avoid accountability for these problems of his own creation?
It would seem that both the piracy issue and the inevitable legal repercussions this company faces might just lead to the demise of this guy as we know him.
:(
tcan
February 20th, 2003, 11:12 PM
Are you suggesting that dave might declare bankruptcy in order to avoid accountability for these problems of his own creation?

bankruptcy are you kidding ? 100M is Chump change for GM...

I am suggesting they have an Indian off the Reservation...
condmca
February 21st, 2003, 12:14 AM
Originally posted by tcan
bankruptcy are you kidding ? 100M is Chump change for GM...

I am suggesting they have an Indian off the Reservation...

100M was chump change for Enron too.

BTW, I understood your suggestion about the insider but chose to comment on the parallels you drew with Enron. When companies encounter insurmountable problems, they sometimes take dramatic steps in order to start from scratch. Bankruptcy is a form of protection after all.
Patrick Henry
February 21st, 2003, 04:26 AM
DTV might not declare bankruptcy, but the End User Group very well could!!!!!!!!!!!!
no1b4me
February 21st, 2003, 05:30 PM
tcan that is some interesting info. I really can't comment on it without doing a bit of research. Anyway, I don’t disagree with you about DirecTV™ aggressive practices. They are unconventional and definitely morally questionable.