Bernard and Murray have lost shareholders more than the equivalent of the GDP of most 3rd world countries (ex China, maybe). Archea, Clean Energy, Hydrogen, Turbines where the wind doesn’t blow and solar panels where the sun doesn’t shine (Germany). Other wonderful virtue signaling projects include cook stoves in Africa and plastics to energy that relied on flux capacitor-type technology first previewed in the movie Back to the Future in the 80s. All virtue signally and nearly all duds. When you do the math, the write downs should greatly exceed $5 billion - likely closer to $10 bln. Think of the legitimate carbon sequestration technology that could have been deployed with that kind of money, or other things that could have been implemented to legitimately reduce carbon emissions. This is insane, and if anyone from BL’s leadership team survives this it will be a tragedy of epic proportions. Good thing Bernard didn’t pay the pensioners more because that $50 mln would have made all the difference 🤣.
When will Murray, William Lin, the guy from Africa, Julia, the Lawlor Bro, AND Mark Crawford resign? This is absolute madness. Bring back the respect, bring back Gilvary.