I think that one would have hoped--it obviously did not happen in this case maybe until it was too late--that the boards of directors of these companies would have exercised the fiduciary duty on behalf of everybody and said, you know what, we are getting 30 times the leverage, maybe that is too much, 25 times the leverage, maybe that is too much.
Bennet reflects on the failure of company boards to manage excessive leverage.
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In the last few seconds that I have--take your time, Mr. Sayles--but you ended your testimony with such a hopeful sense of what the future could bring.
could you talk a little bit about what the producers in the Valley are beginning to think about the use of groundwater conservation easements
I want to thank Senators Bennet and Marshall for hosting this and for looking beyond bipartisan lines.
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