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“Even the best management couldn’t manage their way out of this mess”.
Well that maybe true, but they would know when to put the shovel down and quit digging a deeper hole. At some point, and I think we are getting nearer, this crony infested, value s---ing, management team will be fired. Only the Kardashian’s have made a bigger fortune being inept and f-ing things up.
It’s more sub par assets and too much debt. Not to mention too much GA and employees. Even the best management couldn’t manage their way out of this mess.
Neither...bad management...