Gnanalingam's Blue & White Army

[hal9thou]

financial mess created by Tony and the Mittals.

The only mistake the Mittals made was giving Tony full rein when their interest subsided.

Ruben was a Tony appointment, so its interesting that you think Ruben will eventually acquire Tony's shares. Despite RG's majority holding, my understanding is that he is in fact co-chairman. In other words Uncle is still calling the shots.

I still think 12.5% is massive.....

[QPROslo]

Despite RG's majority holding, my understanding is that he is in fact co-chairman. In other words Uncle is still calling the shots.

Ruben and Tony are both chairmen. Tony is the media face of the owners, but in reality he is a puppet king, given that Ruben owns 75-90% and has in place a mechanism that will take his ownership towards 100%. So it is Ruben that really runs the show and Tony is dependent on Ruben for any major decision.