Sovereign has a lot of bridges to build with institutional investors. It's going to take time to repair their image.
More Quotes from Patrick McGurn:
A lot of corporate boards felt it was a good idea for public companies to have standards limiting board service in place.Patrick McGurn
This is particularly the case if a dissident is seeking control of the board or a substantial number of seats - an alternative strategy and plan for creating value at the company is going to be a key element of our evaluation.
Patrick McGurn
This is not a right-left, Republican-Democrat, man-woman, old-young issue. Everybody thinks, with some very limited exceptions, that CEOs are overpaid, and because of that, shareholders aren't getting adequate bang for their buck.
Patrick McGurn
It's ridiculous. Part of being a citizen is paying taxes.
Patrick McGurn
It's always so sad because you love those Horatio Alger stories, and then someone rises up that high and falls so far. Ultimately, this is about ethics, and no amount of drive is going to save you if your ethics are so bad and you're not going to abide by the law.
Patrick McGurn
So many stock-option grants were made at the peak of the market that we'll be working our way through these sales for some time.
Patrick McGurn
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