Originally Posted by
jcountry
Sure looks like the strategy was to burn through some of the govt money and just liquidate.
I think they got over $100M from CARES.
Probably a smart decision in terms of getting the execs a little more money before they retire, but I feel bad for whomever made the decision to rejoin the company with the hopes of it being a good long term plan.
Honestly thinking that there would have been any other outcome is somewhat delusional.