I am not a crook
whilst I lean towrads agreeing with that assessment of Lynch, if it is true it means by extension that all HP's board are crooks too. Since they are legally required as part of both their internal role, and external roles as Officers of a Corporate to do due diligence on aquisitions.
In fact you have a matrix of 3 possible outcomes .
1. Crooked accounting + Crooked due diligence.
2. Legal but dubious accounting + crooked due diligence in the over-valuation of autonomy.
3. Perfectly legal accouting + crooked mismanagement of a multi-bn dollar asset.
In only one scenario is Mike Lynch a crook. In all 3 HP's board are "crooks".
Question for the commentards - can anyone come up with a scenario where HP's board arent either crooked or grossly negligent? The only one I can think of is if 2 sets of auditors (Autonomies and HP's) were both grossly negligent.