Anonymous ID: 7ae13b April 26, 2019, 4:21 p.m. No.6327368   🗄️.is 🔗kun   >>7379 >>7388 >>7399 >>7437 >>7451 >>7531

Anyone been following this? What's this all about?

 

NRA's LaPierre tells board he is being extorted by group's president in effort to oust him

 

Longtime National Rifle Association (NRA) chief Wayne LaPierre told the group's board that its president, Oliver North, is extorting him, accusing North of trying to force his resignation over allegations of financial misdeeds.

LaPierre, the NRA’s CEO and executive vice president, wrote to board members in a letter Thursday that he refused North’s demand for his resignation, calling it a “threat meant to intimidate and divide us,” people familiar with the situation reportedly told The Wall Street Journal.

 

North reportedly sent the board a letter of his own Thursday evening, saying he was looking out for the NRA’s best interests and that he was forming a crisis committee to probe internal financial matters, according to the Journal.

North had previously sent a longer letter to the NRA board that highlighted new allegations of financial misconduct centering around over $200,000 of wardrobe purchases by LaPierre that were charged to a vendor, The Journal reported.

Insiders believe that the battle will reach a climax by Monday, when the 76-member board is set to meet, The Journal reported.

 

The fight between LaPierre and North is reportedly rooted in part over a quarrel between the NRA and Ackerman McQueen Inc., its advertising firm, which led the NRA to file a lawsuit earlier this month.

The NRA claims Ackerman McQueen declined to provide records supporting its billings, while the advertising firm slammed the lawsuit as “frivolous” and “inaccurate.”

 

Among its claims in the NRA’s suit is that its request for details regarding Ackerman McQueen’s contact with North are being roadblocked. North hosts a documentary program on NRATV produced by Ackerman McQueen.

According to The Journal, LaPierre unearthed in his letter a phone conversation between North and a senior NRA staffer this week in which North said Ackerman McQueen was readying a letter to the board that would be “bad for me, two other members of my executive team and the Association.”

 

LaPierre wrote that the letter in question “would contain a devastating account of our financial status, sexual harassment charges against a staff member, accusations of wardrobe expenses and excessive staff travel expenses.” He added that after the call “others informed me that I needed to withdraw the NRA lawsuit against [Ackerman McQueen] or be smeared.”

 

The NRA chief wrote that North said that Ackerman McQueen would not send the damaging letter if the executive vice president resigned. He added that the threat was expressed “in the parlance of extortionists, as an offer I couldn’t refuse. I refused it.”

LaPierre claimed that Ackerman McQueen paid North millions of dollars annually for the documentary program but that only three episodes have thus far been produced, resulting in questions from the NRA as to why it is paying the advertising firm “in light of these production shortfalls.”

 

The dispute pits two conservative juggernauts against each other. LaPierre, the almost 30-year head of the influential group, lifted the NRA out of grassroots obscurity into the national advocacy giant it is today. North, in his own right, is widely respected among Republicans for his work in the 1980s on the National Security Council.

North, who became NRA president a year ago, will have to stand for reelection after his tenure expires on Monday.

 

https://thehill.com/homenews/news/440912-nras-lapierre-tells-board-he-is-being-extorted-in-effort-to-oust-him

Anonymous ID: 7ae13b April 26, 2019, 4:38 p.m. No.6327520   🗄️.is 🔗kun   >>7630 >>7686

In "Stunning Decision" Bayer Shareholders Dump CEO Over Disastrous Monsanto Purchase

 

Bayer, also known as IG Farben back in the day, survived World War II (which it helped fund for Hitler's war effort while recruiting a an army of slave workers), but it may not survive the worst acquisition in its history: the disastrous $63 billion purchase of Monsanto in 2018, which also brought over the infamous carcinogenic weed-killer Roundup, and with it countless lawsuits and legal charges.

 

And while the future of the iconic company which brought "cough medicine" Heroin to the world remains in question, as it is slowly been buried under an avalanche of lawsuits emerging from Monsanto's legacy misdeeds which have slammed its stock to 7 year lows…that of its CEO appears to be now sealed.

 

Late on Friday, in what Bloomberg called a "stunning development" for the German drugs and chemicals company, a majority, or about 55% of shareholders, voted against absolving CEO Werner Baumann and other managers of responsibility for their actions in the Monsanto takeover last year. Though the result isn’t legally binding, it throws his future into question and prompted an immediate supervisory board session. Similar rejections have cost German CEOs their jobs.

 

“Mr. Baumann, what have you done with our stable company?,” said Joachim Kregel, a representative of German shareholders association SdK. In just two years, “the erstwhile pharma giant has mutated into a dwarf,” said Ingo Speich, chief of sustainability and corporate governance at Deka Investment.

 

https://www.zerohedge.com/news/2019-04-26/stunning-decision-bayer-shareholders-dump-ceo-over-disastrous-monsanto-purchase