Hmmm. Viacom trades right around 4 pm
I think this thing got away from Rather and CBS as the Viacom corporate and securities lawyers had to sign-off, and when they saw the proposed strategy, they said "not with my law license".
Is there a legal theory somewhere that would allow the Killians to go after CBS?
I wrote to non-management directors, of Viacom. I warned them that saving Rather and dems and Kerry wasn't worth damaged reputation, and advertizing revenues.
So I agree with you. I'll wager the CBS News division is NO LONGER calling the shots. They have been shown to have biased, very bad judgement.
So if the lawyers are saying "not with my law license" I say great.
Do they need a license, to broadcast on TV? Which party is in power?
SOX, as you point out, is a different animal than any other securities law. It's not just corporate counsel that will twist. SOX allows you to come after the CEO's personal property. CFO too.
This whole thing may be enough to invite vampires into your house looking at things they ought not in addition to investigating this fraud. Congress is now in on it too.
Would you agree that whacking Dan would end this? I think it would, and that may be what's being discussed. Whether whacking him would put it to bed.
Would Rather sue in response?