This guy is strange and stupid at the same time.
First he gets quotes from Waddell & Reed reps via Bill King stating that they GAVE Haymon 3X as much as Haymon asked for to start PBC knowing that it would be 5 years before a potential recoup could even be discussed.
Then Hauser later states that PBC is "hemorrhaging" money even though its clear that W&R already expected big losses for the first 5 years.
Then he purposely forgets to leave out the fact that W&R are tieing in Haymon's percentage as collateral for the funding.
Is this guy an idiot or what?
First he gets quotes from Waddell & Reed reps via Bill King stating that they GAVE Haymon 3X as much as Haymon asked for to start PBC knowing that it would be 5 years before a potential recoup could even be discussed.
Then Hauser later states that PBC is "hemorrhaging" money even though its clear that W&R already expected big losses for the first 5 years.
Then he purposely forgets to leave out the fact that W&R are tieing in Haymon's percentage as collateral for the funding.
Is this guy an idiot or what?
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