Endurance.Net Ridecamp Archives

As an officier of the corporation the president (and the BOD ) of the 
AHA have a legal fiduciary
responsiblity to the corporation. Fighting long expensive litigation 
was probably not in the best interest of the corporation - another words 
he had little choice but to find a deal that would end the litigation.

If you run our own company (and all the investiment is your) you can 
pretty much run it the way you want. However, if all the money in the 
company that is a risk is not yours, you are limited to what you can do 
since the money an incorporated entity has does not belong to the 
president it belongs to the corporation. I suspect he made the best of a 
bad situation.

Truman


Katrina O'Neal wrote:

> If you read the sentence in #2 in it's totality, it is referring to 
> the  business benefits of the AHA Data Source (they charge to use it), 
> which, with the inclusion of the all the SA horses, now has over 70% 
> of the world's Arabs.



--

"Only two things are infinite, the universe and human stupidity, and I'm 
not sure about the former."  Albert Einstein





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