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Author Topic: Bernie:I overcharged  (Read 735 times)

Offline Dare

Bernie:I overcharged
« on: April 15, 2017, 03:25:29 PM »
  • Publish
  • The more he talks the more t comes apparent the sad
    situation on F1 now.Liberty shouldn't allow him any input
    in the I hope new era of F1


    http://www.autosport.com/news/report.php/id/128981


    "The
    democracy will cease to exist when you take away from those
    who are
    willing to work and give to those who would not."
    --
    Thomas
    Jefferson

    Offline Scott

    Re: Bernie:I overcharged
    « Reply #1 on: April 15, 2017, 05:18:14 PM »
  • Publish
  • Bernie should buy another series as a hobby and just go away. 

    Considering what he said, perhaps it's just as well and as the new circuits drop off the calendar, there will be more room for the old ones to come back at a more reasonable rate. 
    The Honey Badger doesn't give a...

    Online cosworth151

    Re: Bernie:I overcharged
    « Reply #2 on: April 15, 2017, 05:23:20 PM »
  • Publish
  • Bernie says he overcharged the venues for the races. Captain Obvious should be proud of him.
    “You can search the world over for the finer things, but you won't find a match for the American road and the creatures that live on it.”
    ― Bob Dylan

    Offline Andy B

    Re: Bernie:I overcharged
    « Reply #3 on: April 15, 2017, 10:34:19 PM »
  • Publish
  • While Liberty are sorting that out they need to look at distribution of funds so that Manor are the last team to go to the wall through lack of funding.
    Once you have retired every day is a Saturday!

    Offline Dare

    Re: Bernie:I overcharged
    « Reply #4 on: April 15, 2017, 10:43:57 PM »
  • Publish
  • What gripes me is he acts like it was all for CVC...I'd like
    him to explain where his daughter got the cash for her multi-million
    mansion.Pure greed for Bernie and clan
    "The
    democracy will cease to exist when you take away from those
    who are
    willing to work and give to those who would not."
    --
    Thomas
    Jefferson

    Online lkjohnson1950

    Re: Bernie:I overcharged
    « Reply #5 on: April 15, 2017, 11:46:58 PM »
  • Publish
  • He never says how much CVC stock he owns, but part of the deal with CVC back when gave him stock, sooooo....
    Lonny

    Offline Jericoke

    Re: Bernie:I overcharged
    « Reply #6 on: April 16, 2017, 02:20:46 AM »
  • Publish
  • He never says how much CVC stock he owns, but part of the deal with CVC back when gave him stock, sooooo....

    American law has settled on the principle that a corporation's overriding legal responsibility is to provide maximum return to shareholders.

    This was established in 1919 with Dodge Brothers vs Ford Motor Company https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

    I don't know what the rules are in the EU, of course, but I imagine something similar must exist.

    With that said, Bernie was only ever out for Bernie.  He's one of the best at what he does, and by the moral compass of most people, he's scummy. 

    Offline Andy B

    Re: Bernie:I overcharged
    « Reply #7 on: April 16, 2017, 05:24:20 AM »
  • Publish
  • He never says how much CVC stock he owns, but part of the deal with CVC back when gave him stock, sooooo....

    American law has settled on the principle that a corporation's overriding legal responsibility is to provide maximum return to shareholders.

    This was established in 1919 with Dodge Brothers vs Ford Motor Company https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

    I don't know what the rules are in the EU, of course, but I imagine something similar must exist.

    With that said, Bernie was only ever out for Bernie.  He's one of the best at what he does, and by the moral compass of most people, he's scummy.

    Well he was once a secondhand car dealer!
    Once you have retired every day is a Saturday!

    Offline Alianora La Canta

    Re: Bernie:I overcharged
    « Reply #8 on: April 18, 2017, 11:49:31 PM »
  • Publish
  • He never says how much CVC stock he owns, but part of the deal with CVC back when gave him stock, sooooo....

    American law has settled on the principle that a corporation's overriding legal responsibility is to provide maximum return to shareholders.

    This was established in 1919 with Dodge Brothers vs Ford Motor Company https://en.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.

    I don't know what the rules are in the EU, of course, but I imagine something similar must exist.

    With that said, Bernie was only ever out for Bernie.  He's one of the best at what he does, and by the moral compass of most people, he's scummy.

    In EU law, there is nothing to require a non-traded company to make any allowance for shareholders unless that has been agreed with said shareholders or some other law makes a specific provision. That said, there is also nothing to require such a company to make any allowance for non-shareholders without such agreement or specific protecting law...

    There is a law that publicly-traded EU companies must make their shareholders their #1 priority (like for all US companies), however.
    Percussus resurgio
    @lacanta (Twitter)
    http://alianoralacanta.tumblr.com (Blog/Tumblr)

    Offline Irisado

    Re: Bernie:I overcharged
    « Reply #9 on: April 29, 2017, 04:58:10 PM »
  • Publish
  • Essentially, he has confirmed what I already suspected, that he was charging such sky high fees for personal profit.  It is totally unacceptable that he got away with doing this, along with a whole bunch of other excessive profiteering.  It's one huge corruption scandal.
    Soņando con una playa donde brilla el sol, un arco iris ilumina el cielo, y el mar espejea iridescentemente