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Reply #16: Wow, it's not that common to have an inside executive [View All]

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Mike03 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-03-07 05:53 PM
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16. Wow, it's not that common to have an inside executive
make such scathing comments about a CEO or President, even if he/she is on the way out.

Make no mistake: major shareholders do have a lot to say about what happens within a company. The more stock they own, the more say they have. The fact that this person is Saudi is probably irrelevant; the more interesting thing to know would be if he has been offloading his stock prior to the release of the bad news.
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