FBI locks down Pilot HQ?

#278
#278
I'm sure Pilot has a legal department...

Anything we send out to customers is approved by legal, so I'm sure at some point their in house attorney had to know about the program..
 
#284
#284
They won't throw him in jail for the sheer fact that they wouldn't want to put all those jobs at risk. Bank on it
 
#288
#288
If he can prove that the company won't function well without him and it jeopardize jobs the government will let him off with paying the said monies back with the standard interest rate. What was the reason he was reappointed to CEO/President?
 
#289
#289
Milehigh_Vol said:
If he can prove that the company won't function well without him and it jeopardize jobs the government will let him off with paying the said monies back with the standard interest rate. What was the reason he was reappointed to CEO/President?
Click to expand...

Yeah, that's not how the law works at all. The company can run without him. It hasn't been said why he came back, but I have a feeling it has to do with what is going on and that the CEO that was relieved of his duties became aware of the fraud and wanted no part of it.
 
  • Like
Reactions: 1 person
#290
#290
Under normal circumstances I'd agree with you....CEO's are like football players and coaches, nothing more than 'guns for hire'........ but this is different...its his family's business...they started the company...

Again in more 'normal' circumstances as a last ditch effort to salvage the company a corporation would merely cut off the head (CEO) and bring in a team to change the culture....its not that easy in this case....
 
#291
#291
Ducreux said:
Under normal circumstances I'd agree with you....CEO's are like football players and coaches, nothing more than 'guns for hire'........ but this is different...its his family's business...they started the company...

Again in more 'normal' circumstances as a last ditch effort to salvage the company a corporation would merely cut off the head (CEO) and bring in a team to change the culture....its not that easy in this case....
Click to expand...

It's a corporation, not a mom and pop operation. It is set up to keep on running regardless of who is in charge. The fact that he stepped away from it once already shows that it can operate without him. The feds are building their case against Haslam and will be looking to bring major charges against him. This is not light stuff here. They might be looking to put him away for the rest of his life after seeing how bad the people with the plea bargains got it.
 
#292
#292
davethevol said:
It's a corporation, not a mom and pop operation. It is set up to keep on running regardless of who is in charge. The fact that he stepped away from it once already shows that it can operate without him. The feds are building their case against Haslam and will be looking to bring major charges against him. This is not light stuff here. They might be looking to put him away for the rest of his life after seeing how bad the people with the plea bargains got it.
Click to expand...

How do you know how bad the plea bargains were. They may of only gotten 5 days in jail for all we know. Or 20 years. We don't know.
 
#293
#293
It is a corporation....but a private one that the Haslams have been and in my opinion will always be until THEY decide not to be...

When Jimmy stepped away the Haslams were still in control, still running things....I mean the ease at which he returned should convince you at that.

There has to be a smoking gun for him to go....just think of the extremes that can be taken, the favors that can be called in, the people thrown under the bus to salvage him....one scenario includes finding someone willing to take the bullet for the team AND be rewarded down the road....I mean if you'll pay a billion dollars for a football team just imagine how much you'd pay for your and your entire families good name, brothers political fortunes, and on and on...
 
#294
#294
davethevol said:
Yeah, that's not how the law works at all. The company can run without him. It hasn't been said why he came back, but I have a feeling it has to do with what is going on and that the CEO that was relieved of his duties became aware of the fraud and wanted no part of it.
Click to expand...

It's not the law no. but a company I deal with owed 7 million in payroll taxes and they got off with just paying a 1000$ a month for 5 years. The government wants the unemployment number to drop not increase. More ppl making money the more they make. They will bend the laws to what they want if you haven't noticed yet. Benghazi cough cough..
 
#296
#296
Milehigh_Vol said:
It's not the law no. but a company I deal with owed 7 million in payroll taxes and they got off with just paying a 1000$ a month for 5 years. The government wants the unemployment number to drop not increase. More ppl making money the more they make. They will bend the laws to what they want if you haven't noticed yet. Benghazi cough cough..
Click to expand...
Taking down haslam will have little effect on the economy and unemployment. Again, he is replaceable.
 
#298
#298
Slydell said:
Three more Pilot Flying J employees plead guilty
Sales execs, account rep admit to fraud
Click to expand...

see what they get for pleading guilty

Radford, Stinnett and Clark have all promised to help testify against others in the case, as have Arnold Ralenkotter and Ashley Judd, who pleaded guilty last month.
 
New Posts
You must log in or register to reply here.

Advertisement



Back
Top