Met and worked with him (briefly) in the 90's. Nice guy. No focus. Lost a lot of other people's money. Probably should have been a professor instead of a businessman.
What do you base that on? He founded ECD in 1960, was the CEO for 46 years, built it into a 300m+/year revenue company. Left it in 2006.. it went bankrupt in 2012.
The bonds that led to the bankruptcy were issued in 2008 by his replacement/
The trustee recently filed suit against 3 chineese companies saying ECD went bankrupt because of their price fixing.
Are you saying that because it went bankrupt 6 years after he left, that he was a bad businessman?