The judge raised questions about PM's ability to defraud
Posted on: August 15, 2018 at 12:16:13 CT
Mormad MU
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Calk's bank, because Calk wanted to give the loans, was the founder and a significant shareholder. WTF? Why does that matter? Doesn't he still have a fiduciary obligation to the other shareholders, whether he's the founder or not. His motivations for approving dishonest loan requests should be irrelevant. If that's you or me lying on a loan application, you know we're fried.