Originally Posted by
scambo1
Sink,
I don't like NDAs. Yet, I suspect C12 had something to do with our S&P 500 listing...the way it was negotiated, the rates, the whole thing...partly due to NDAs. Does that mean we brought our A game?
I don't know if there is a quid in the future for us due to the S&P listing, I hope there is, but here is the thing: We don't know.
If there is a positive strategic direction Richard wants to take this company in, why not share it rather than piecemeal it. Same with the union, share it. NDAs keep people from getting information they need to get on board with the direction (if there is one) the union is going in. Instead we are left rudderless to fill in the blanks as we see fit.
I'm actually not that comfortable with NDA's either. It's hard to comment without knowing the sort of information given to the reps that's covered under these NDA's, but they do require a lot of trust in your reps.