IMHO many of the posters on this list misunderstand the role of Kirkpatrick, Nunn and Adelmen FROM THE INVESTOR'S POINT OF VIEW. Sure, these esteemed people come with a hefty price tag. Sure, they come from govt, not private enterprise, so their talents may not be completely fitted to our needs (may not...but also may). However, they serve as canaries to us investors. That is, all of these esteemed people have one thing and one thing only which they can sell on the open marketplace: their reputations. People of their calibre guard their reputations with the utmost vigor. If some shenanigans harm their reputations, then they have nothing to sell to any company or institution on the open marketplace. In other words, FROM THE INVESTOR'S POINT OF VIEW, as long as these three esteemed people serve in whatever capacity for CXI or COES, we have substantial assurance that shenanigans are not going on. IF two or three of these esteemed people suddenly resign or leave, then INVESTORS should probably stampede out the door right after them. Their resignations would most likely be a sign that there's something wrong with the company and the parties no longer wish their valued names to be associated with the company.
In that sense, be glad we have these expensive canaries on the investor's side. |
