This management team really must go. | RMBS Message Board Posts

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Msg  59537 of 776343  at  2/6/2007 12:52:19 PM  by

fbi


This management team really must go.

I notice that they had time to calculate and award themselves 606,000 option shares, but can't seem to find the time to finish the option audit before the deadline for delisting. Based on the award price of $18.49 they will take over $11 million out of the company and if the stock goes up to the poison pill price will put $660 million in their pockets. I imagine this kind of greed sort of POs the funds that own it and might be one of the reasons for them selling.
Wouldn't it have been nice if they would have said" We realize that the stockholders have been ripped off, used, etc by all parties and we are going to issue a one time dividend of ($) to say thanks for sticking with us.
Corporate greed is completely out of control in this country.


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