via Atrios...
Evidently Alan Hevisi, the NY State Comptroller, who is the sole trustee of the NY State Common Retirement fund has a few questions for Sinclair's Board.
Clearly, Sinclair's in trouble. Big trouble. Anyone who reads Hevisi's letter can see that doing "Stolen Honor" was a clear cut abrogation of Sinclair's fiduciary responsibility to maximize shareholder return.
When Kerry wins, these guys may be bunking their friends from Enron.
Tuesday, October 19, 2004
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