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UPS Partners
Management that smokes, 3 days until cold turkey
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<blockquote data-quote="Catatonic" data-source="post: 1165922" data-attributes="member: 7966"><p>I understand your thoughts but Scott did not make this decision by himself and probably was not actively involved.</p><p>The Board had to approve it and M&A had to approve and I'm pretty sure Risk Management was involved.</p><p>There are risks involved in these type of takeovers and knowing UPS, these were identified up front.</p><p>These collective entities thought the risk was worth the opportunity but it did not work out.</p><p></p><p>However, there is no way to paint a pretty picture or give a good spin on this one.</p><p></p><p>They all did what they could do afterwards ... and that was issue a brief statement ... and never talk about it again.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 1165922, member: 7966"] I understand your thoughts but Scott did not make this decision by himself and probably was not actively involved. The Board had to approve it and M&A had to approve and I'm pretty sure Risk Management was involved. There are risks involved in these type of takeovers and knowing UPS, these were identified up front. These collective entities thought the risk was worth the opportunity but it did not work out. However, there is no way to paint a pretty picture or give a good spin on this one. They all did what they could do afterwards ... and that was issue a brief statement ... and never talk about it again. [/QUOTE]
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Management that smokes, 3 days until cold turkey
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