Originally Posted by
LeadFoot
Great point. RAH is a publicly traded company and management needs to be accountable. How is the board not even considering the idea of replacing management and the CEO in light of this bad situation? People usually come back and make a joke about CEO Bedford, but I say this in all seriousness.
Because the Chairman of the Board isn't ready to stick a fork in himself. The golden parachute doesn't provide much lift when your 400,000 shares lost 80% of their value in the last few weeks.