:-)
If it wasn't Loral, I would not cheer.But by now everyone who is in the stock is well aware of the ethics of the CEO.
"everyone" is probably hyperbole.
This couldn't happen to a more deserving Rat Clymer than this creep. He enabled the ChiComs to have the technical ability to target American Cities with their ICBM's.
Quite true. I must admit I take some pleasure in seeing Schwartz, via Loral, take this big hit even as I feel a bit of sympathy for the shareholders who may not have known about the China connection.
Still, loosing money, even lots of money, is no substitute for the justice that Schwartz deserves. For that lack of justice we ought to acknowledge the failings of our AG.