Met and worked with him (briefly) in the 90's. Nice guy. No focus. Lost a lot of other people's money. Probably should have been a professor instead of a businessman.
The bonds that led to the bankruptcy were issued in 2008 by his replacement/
The trustee recently filed suit against 3 chineese companies saying ECD went bankrupt because of their price fixing.
Are you saying that because it went bankrupt 6 years after he left, that he was a bad businessman?
http://online.wsj.com/news/articles/SB1000142412788732382910...
http://online.wsj.com/article/SB1000142405270230344200457912...