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Reply #47: It's called "fiduciary duty" [View All]

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OldLeftieLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-15-05 02:31 PM
Response to Reply #25
47. It's called "fiduciary duty"
You take the money for the job, you have the obligation to know what you're doing, and, further, to protect the interests of the shareholders. So he wasn't trained in finance? So what? He had a duty to learn what he was supposed to know.

Ebbers acted as if it were his personal bank.

Justice was served.
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