I'm not sure I disagree about a takeover attempt. May be part of the anti-establishment air in the country, but for sure they left Smisek in place for far too long, by about three years. And even when he left, he wasn't fired with prejudice. He was forced out by someone else. His departure was too little, too late. If this happens they deserve what they get. Their lackadaisical attitude towards his horrible leadership was irresponsible. Oscar's "I'm shocked, SHOCKED" that things were so bad is inexplicably naive for a member of the board--thus a new board may be in order.