We investors have grown accustomed, nay weary, of corporate hangers-on who routinely and blithely defend entrenched directors and managers. We mostly just ignore them, knowing full well that since they make a tidy living off of corporations, they'll go to great lengths to defend egregious, excessive behavior.
But, when they get the facts so obviously wrong, someone needs to speak up. After reading another one of the standard manifestos, this one from attorney Charles Nathan (Latham & Watkins), we do that in a current blog post.
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