Mcleish - 'I Accepted the challenge'

[Percy McCarthy]

Lerner being impressed by a nice loser is almost poetic.

I'm still convinced the share value of Bank of America was the biggest reason for Lerner's decision to focus beyond B6. If memory serves he lost about 80% of the value of the family credit card sale. Add to that an expensive divorce,  he was in Xia territory.

I think the divorce was probably the biggest factor in his dereliction of duty.

I think Lerner gets a pretty bad rap sometimes.

Yes, it ended poorly, due to circumstance, & he sold to an absolute charlatan, but we had a lot of fun in those three years we finished 6th & got to the cup final.

I don't think things would have been nearly anywhere near as bad if he hadnt gone through his divorce.

He, or his family trust, had BoA shares worth about $2.5billion one minute and $600m the next. I doubt his divorce cost anywhere near that.

[Risso]

Lerner being impressed by a nice loser is almost poetic.

I'm still convinced the share value of Bank of America was the biggest reason for Lerner's decision to focus beyond B6. If memory serves he lost about 80% of the value of the family credit card sale. Add to that an expensive divorce,  he was in Xia territory.

I think the divorce was probably the biggest factor in his dereliction of duty.

I think Lerner gets a pretty bad rap sometimes.

Yes, it ended poorly, due to circumstance, & he sold to an absolute charlatan, but we had a lot of fun in those three years we finished 6th & got to the cup final.

I don't think things would have been nearly anywhere near as bad if he hadnt gone through his divorce.

He, or his family trust, had BoA shares worth about $2.5billion one minute and $600m the next. I doubt his divorce cost anywhere near that.

Yep, that's one of the reasons for having a trust, keeps assets out of the hands of ex spouses.