If directors refuse to speak to the press in hard times, think about selling the stock because you wonder what they're trying to hide. And while a mixture of skills, experiences, relationships and knowledge is helpful, it doesn't mean that board is doing anything.
It raises questions. How could this be in the best interest of the business? If it's not in the best interest of the business, why is the company lending its staff and resources to the chairman for his personal use?
Even one new member can change the entire tone and decision-making of the board ... when someone inside the room brings up a different point of view.
It's very hard to tell successful people that their magic isn't working any more, and the fact that he is aware of that should inspire tremendous confidence. He's saying the board won't be afraid to act if they think he's losing his intellect.
There are a lot of people who see redeveloping the inner-city areas as a good investment.
Enron was a wake-up call for all Americans.
