Woke Data
Woke Data
Free Float Media
Where do directors go when their company goes bankrupt?
14 minutes Posted Dec 9, 2021 at 12:31 am.
0:00
14:27
Download MP3
Show notes
9 is the number this week! Nine is the number of directors on the board of Six Flags when it went bankrupt in 2009. If you ever wondered what happens to a few chums take over a board for a company with a business they know nothing about and it fails, don't worry - they fail up. How Dan Snyder, Mark Shapiro, Dwight Shar, and even Harvey Weinstein are a cautionary tale of groupthink and chummy boards!