Originally Posted by
Carebear
There is a fiduciary duty to protect the investors. If shareholders walk away with a handsome sum, they can throw their dreams away and walk away with bags of cash. That’s exactly what happened to VX.
Board, yes. Presumably.
Management team, in theory. But they may also be emotionally vested in being BMOC in seattle. Yeah, they could retire young in extreme comfort, but that often doesn't appeal to that set.