Richard Blumenthal actually said...

I would argue that legally, as well as morally, they have a duty to keep their boards of directors informed.

Blumenthal asserts that executives have a legal and moral obligation to inform their boards.

07/10/2023

More Richard Blumenthal Quotes

If it's lack of resources and authority, they should be given both.

There is a very severe and serious problem with the current system of oversight.

Congress should pass legislation granting Puerto Rico the right to declare Chapter 9 bankruptcy or another orderly and fair alternative.

It sounds arbitrary and capricious.