"Must be a board meeting."
"Must be a board meeting."
“Tragic” may be a bit of an overstatement, though his family will certainly be distraught. It was his seventieth birthday; the spin around the racetrack was probably a little gift to himself. This will be big news in Chicago. The Crowns are one of that city’s prominent multi-generational Jewish billionaire clans.
Crown was a big financier of Leftist kookery of all kinds.
One report had him driving a racetrack version of a Toyota Crown.
Crown’s father, 98, is still alive.
At least it was on a closed track. Too many Vin Diesel wannabes are out there driving like maniacs on public streets.
Things that make you go hmmm!
Someone cut the tie rods
Or
Someone cut the brake line
Or
Someone put a mirror in the bushes and he swerved to missed his own car
Or
Someone put a in the car triggered by the odometer
There are loads of possibilities that have already been written about over the last 100 years.
P
Arkancide?
Given enough time and money, man will always find a way to harm, maim, or kill himself. That’s just the way it is.
The board of directors exists to execute a fiduciary responsibility to represent the interests of the shareholders a.k.a. the owners of the company. On the other hand he CEO is an employee, hired by the board, and represents only himself and his own interests. Giving the CEO the power of controlling the board of directors is an inherent confect of interest and puts the interests of the owners below the interests of an employee. It makes the CEO totally unaccountable, virtually unfirable, and removes all independent oversight. .
It should be illegal.
More money than sense.
Remember - back during obamy’s first term, JPMorgan was begging Soros to be their CEO.
I found this story to be quite strange when I first read it a few days ago. Modern day race cars have so much safety gear it is a real puzzler.
Well, in some ways it is a puzzler. In some ways, not much of a puzzle.