https://nypost.com/2019/09/09/att-hires-goldman-sachs-to-defend-against-activist-hedge-fund/
I mean those guys at GS are trustworthy right? /s
7 replies (most recent on top)
Wow, what a great way to boost consumer confidence. The CEO has to pay to protect from a hedge fund. What a coward.
Zero Situational Awareness. You have to hire and investment bank to advise you? Did you not think this stuff had been brewing for some time? Will Goldman tell you what you want to hear and you simply regurgitate it and write them a big day check? Your house is on fire, you are the fire department and you are calling the contractors about how to put out the fire? The investment community wants to know what you are going to do with all these assets that they have zero confidence in you owning. The desperation is worn on your foreheads.
The board needs a enema, I have no faith in upper management.
Randal Stephenson hires GS to defend his and John Stanky's bacon from hedge fund.
Regardless of what's going on here, it points to more chaos in the exec suite.
Lots more Innocent bystanders are going to have their lives turned upside down because of their incompetence.
How many millions is the company going to pay Goldman Sachs to save Randy’s sorry a**
Pathetic
Hire someone that will defend you instead of defending yourself. Another clue to how the company is run.
Something is up when they have to gold in my Sachs.