Hi MJ,
I met John Koo in Delaware Bankruptcy Court. He is sharp, intelligent and has demonstrated a keen killer instinct to go for the jugular using hired hands. The Koos take no prisoners and are not above bribes including one for $100,000 to the Bush Presidential Library in Houston.
Zenith never had a chance once Koo zeroed in. Unfortunately, there were very few "Bob Utnes" who gave a damn. We conducted a thorough inverstigation of the fraud instigated by Jon Koo against Zenith and submitted our findings to the SEC, DOJ, FTC, White House, numerous elected officials and the Illinois Attorney General. Only the SEC partially responded by delaying the bankruptcy by more than one year.
These charges are still listed at airfarecheck.com
The Wall Street Journal, initially, was interested in our fight to preserve Zenith from Korean takeunder but quickly backed off when they got heat from LG.
Corporate fraud and under-regulation will continue forever. Looks like the shareholders of LG are getting theirs, too.
So, how is your Sunday jazz group doing?
Take care, Bob |