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re: Elon fired Twitter CEO, CFO, and Vijaya for cause removing their golden parachutes

Posted on 10/30/22 at 10:21 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295009 posts
Posted on 10/30/22 at 10:21 am to
quote:

but it's also true that payouts have been reduced or clawed back when the outgoing management engaged in serious misconduct or self-dealing.


Yep, depends on what they find. I imagine Elon has sufficient evidence right now to start.

We know they were engaged in ripping off advertisers.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295009 posts
Posted on 10/30/22 at 10:22 am to
quote:

Ban bet o


I've made three, and all three of the little shits didn't honor. No one cares about ban bets.

Posted by loopback
Member since Jul 2011
4989 posts
Posted on 10/30/22 at 10:23 am to
quote:

Yeh that simply isn’t correct at all


Imagine being such a twat you defend these criminals
Posted by 14&Counting
Dallas, TX
Member since Jul 2012
41375 posts
Posted on 10/30/22 at 10:23 am to
quote:

Roger let’s just make this board happy one way or the other. Ban bet on whether or not the officers walk away with millions




I'm sure Musk has thought all that through.....he thinks he has reason for cause and it likely has to do with representations they have made in their roles as officers of the company during the process....they will sue and Musk will probably settle....he is obviously pissed and isn't just going to hand it to them.
Posted by lsupride87
Member since Dec 2007
108180 posts
Posted on 10/30/22 at 10:24 am to
quote:

d. I imagine Elon has sufficient evidence right now to start.
Based on what? He has continually got his arse handed to him over this takeover in court.

frick Twitter, but musk has not played any of this well to date
This post was edited on 10/30/22 at 10:25 am
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295009 posts
Posted on 10/30/22 at 10:25 am to
quote:

Based on what?


Are you really this fricking naive?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40194 posts
Posted on 10/30/22 at 10:26 am to
quote:

Which will open up discovery and Musk can reveal all the crap they did


Yup. Just like the election fraud lawsuits, right?
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40194 posts
Posted on 10/30/22 at 10:29 am to
quote:

but it's also true that payouts have been reduced or clawed back when the outgoing management engaged in serious misconduct or self-dealing.


And to date there have been absolutely zero legit claims of this happening. This isn’t Worldcom or Enron.

Look every thing about this ties back to his ego. His ego is costing him a ton of money but I guess he has so much money he does t care.
Posted by BBONDS25
Member since Mar 2008
56468 posts
Posted on 10/30/22 at 10:30 am to
quote:

Based on what? He has continually got his arse handed to him over this takeover in court.


Perhaps now that he has unfettered access to all the info he has been asking for and never received? Did you seriously not consider that?
Posted by sicboy
Because Awesome
Member since Nov 2010
79223 posts
Posted on 10/30/22 at 10:30 am to
Your hard on for this is impressive.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295009 posts
Posted on 10/30/22 at 10:31 am to
quote:

Perhaps now that he has unfettered access to all the info he has been asking for and never received? Did you seriously not consider that?


No, he didn't.
Posted by lsupride87
Member since Dec 2007
108180 posts
Posted on 10/30/22 at 10:31 am to
quote:

Perhaps now that he has unfettered access to all the info he has been asking for and never received? Did you seriously not consider that?
Or Occam’s razor. He is pissed he couldn’t get out of his horrendous deal so now he is trying to save any money he can and hope and pray the executives will cut a deal.
Posted by lsupride87
Member since Dec 2007
108180 posts
Posted on 10/30/22 at 10:32 am to
quote:

LSUFanHouston
Man they just want to believe
Posted by sicboy
Because Awesome
Member since Nov 2010
79223 posts
Posted on 10/30/22 at 10:32 am to
quote:

defend these criminals


Criminals?
Posted by OMLandshark
Member since Apr 2009
119977 posts
Posted on 10/30/22 at 10:34 am to
quote:

Elon must just like wasting money in legal fees.

First he wasted money trying to get out of the deal.

Now this will surely end up litigated or mediated in sone way.

Us not liking what these employees did, and the employees violating their employment contracts, are two different things.

Also in the business world… all employees are fired for cause. Otherwise it’s called a lay off.

Those parachutes likely vested the moment Elon’s ink dried on the purchase agreement. He then fired the execs. Meaning he now wants to take away something that has been already “earned”.

This is not the first takeover and dump of management in corporate America.


Oh frick off.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295009 posts
Posted on 10/30/22 at 10:36 am to
quote:

Man they just want to believe



So do you.

Strange how you think your trench that you've dug is any different.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
73026 posts
Posted on 10/30/22 at 10:36 am to
“centrist” assemble! Elon BAD! Leftists executives over moderating a “free speech platform” GOOD
Posted by OMLandshark
Member since Apr 2009
119977 posts
Posted on 10/30/22 at 10:37 am to
quote:

They are owed 30, 20, and 8 million in shares. Are y’all, or the article, trying to insinuate they aren’t getting that payment as well?


….Yes. If they pursue it they’re heavily risking going to prison.
Posted by lsupride87
Member since Dec 2007
108180 posts
Posted on 10/30/22 at 10:39 am to
My “trench” is based in reality. They are owed 60 million in just shares alone, and other 60-70 million in agreed compensation. Elon isn’t going to pay them nothing because he fired them “for cause”. If he wants he can go and get his arse kicked in court again over this then he can feel free
This post was edited on 10/30/22 at 10:40 am
Posted by OMLandshark
Member since Apr 2009
119977 posts
Posted on 10/30/22 at 10:40 am to
quote:

I’m getting flak because people want to live in fantasy world that these Twitter officers are walking away with nothing


Do you know what these frickers are accused of doing? They’ll be lucky to walk away with nothing. If Trump and especially DeSantis are elected President, they’re going to send their DOJ after these fricks.
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