Jeffy,With AF and TW, four board directors have left since 2006,...

Jeffy,

With AF and TW, four board directors have left since 2006, one more or less on his decision, the others were obviously "resigned" by the shareholders.

A company can easily recover from a bloodbath at a board. (some boards have been totally replaced and no one ever noticed). I am more concerned about the haemorrhage on the employee side.

EGL has a serious problem of credibility. The new board will have to regain it with the investors as well as with it's own employees.