general sentiment, page-24

i tend to write off goodwill in the books to be conservative in valuing businesses. I am not sure if it is right to ignore "badwill". they say reputation and trust is everything in business. I doubt anyone who knows about the full story behind our very capable board will want to do business with WEC.
what this company needs is a clean slate of management. problem is they own so much of the company. but who knows if the next deal they make is not going to be another self serving money grab?
we need more independent directors.