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[ISS] Breach of Fiduciary Duty, Call For Resignations.

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DjDangle Euphoria Released Euphoria Unleashed	Posted - 2007.01.09 23:38:00 - [31] Originally by: Hudsonn Originally by: Gord Freeman After having failed to protect the interests of their shareholders, and effectively loosing untold billions of Isk because of their gross negligence in providing the highest possible standard of care for the assetts entrusted to them - I call on Count TaSessine and Serenity Steele to resign from their positions immediately. Furthermore, the head of the ISS Navy must be removed and replaced with a competent military commander. A temporary new management team must be installed and a full audit of all ISS financial records must occur immediately if there is to be any degree of trust or market confidence in their ISS leadership moving forward. For the sake of the newborn Eve public stock market, and shareholders across the galaxy - the leadership of ISS must be held accountable for this unacceptable lack of care. http://en.wikipedia.org/wiki/Fiduciary_duty Thoughts? That's taking a bit too serously. You know. Don't make me start throwing ClichT's at you. Ooooh I love Cliche's, they make me go all warm and fuzzy
Blitz'Krieg Caldari SkyMarshal Logistics	Posted - 2007.01.10 00:28:00 - [32] Basically they were investing in an idea that a 0.0 entity can be neutral and furthermore that that neutrality would be respected by everyone. Personally i think you'd have to be nuts to expect that to last forever, but even if you really were that naieve you shouldn't be asking for resignations now, but when the original mistakes that called the neutrality into question were made. The only really realistic way i can see a return on your money is if the outposts were sold. Now that the unthinkable has happened, ISS are no more than a weak alliance waiting to be conquered. Enter the ONE million for ONE billion lottery. details in bio or Linkage
James Lyrus Lyrus Associates Interstellar Starbase Syndicate	Posted - 2007.01.10 00:28:00 - [33] Edited by: James Lyrus on 10/01/2007 00:25:30 Is this a joke? Seriously, who'd want the job of running the show?
Vensa Heckler ISS Navy Task Force Interstellar Starbase Syndicate	Posted - 2007.01.10 00:44:00 - [34] Originally by: James Lyrus Edited by: James Lyrus on 10/01/2007 00:25:30 Is this a joke? Seriously, who'd want the job of running the show? lilan? :P - Love is the Law, Love under Will
Crozon Crozon Corp	Posted - 2007.01.10 00:52:00 - [35] Originally by: Blitz'Krieg Basically they were investing in an idea that a 0.0 entity can be neutral and furthermore that that neutrality would be respected by everyone. Personally i think you'd have to be nuts to expect that to last forever, but even if you really were that naieve you shouldn't be asking for resignations now, but when the original mistakes that called the neutrality into question were made. In a way I do have to agree with you. Although, even though my word may not mean much, I can state that ISS management have always had that ideal at heart, and I am 100% sure of that. All parties suffer from rogue members or entities, which can discredit those responsible. The example that D2 keep using of "ISS passing on intel to hostile fleets" was a corp that did so and got booted very quickly. The high ranks of ISSN were also inflitrated by a Goon agent, who actually was one of the founding members and well respected amongst ISS. Until, of course, he offlined a bunch of POS's in F4 and stole everything out of the corp hanger. You have to consider that the actions of individual members do not always reflect on the management, especially those who turn out to have been placed there as spies/agents by hostile groups.
Troubadour Slacker Industries	Posted - 2007.01.10 00:57:00 - [36] I believe the share holders assets were separate from the outposts. Meaning if you invested in ISS that is was separate then say if you invested in Marginis. besides, how long do you think this rag-tag allience of alliences will last before the infighting begins and ISS takes back the outposts 1 by 1. god people and their end-of world bull**** annoy me.
Raem Civrie Umbra Congregatio Interstellar Alcohol Conglomerate	Posted - 2007.01.10 00:58:00 - [37] Originally by: Gord Freeman After having failed to protect the interests of their shareholders, and effectively loosing untold billions of Isk because of their gross negligence in providing the highest possible standard of care for the assetts entrusted to them - I call on Count TaSessine and Serenity Steele to resign from their positions immediately. Furthermore, the head of the ISS Navy must be removed and replaced with a competent military commander. A temporary new management team must be installed and a full audit of all ISS financial records must occur immediately if there is to be any degree of trust or market confidence in their ISS leadership moving forward. For the sake of the newborn Eve public stock market, and shareholders across the galaxy - the leadership of ISS must be held accountable for this unacceptable lack of care. http://en.wikipedia.org/wiki/Fiduciary_duty Thoughts? Give them another three weeks. Maybe they CAN turn this around without their outposts, like Nyphur has been suggesting. ---- All you do is bark. You never meow.
Algey ISS Navy Task Force Interstellar Starbase Syndicate	Posted - 2007.01.10 00:58:00 - [38] Originally by: Gord Freeman After having failed to protect the interests of their shareholders, and effectively loosing untold billions of Isk because of their gross negligence in providing the highest possible standard of care for the assetts entrusted to them - I call on Count TaSessine and Serenity Steele to resign from their positions immediately. Furthermore, the head of the ISS Navy must be removed and replaced with a competent military commander. A temporary new management team must be installed and a full audit of all ISS financial records must occur immediately if there is to be any degree of trust or market confidence in their ISS leadership moving forward. For the sake of the newborn Eve public stock market, and shareholders across the galaxy - the leadership of ISS must be held accountable for this unacceptable lack of care. http://en.wikipedia.org/wiki/Fiduciary_duty Thoughts? Oh please explain to me how I could have defended against what hit us oh great and noble one. I look foward to the whole forum being enlightened by your insight into how I should have run the defensive campaign. I do expect exact details on what I should have done, and since I'm incompetent or negligent and the stations were easily saved I look foward to being enlightened.
Dr Slaughter ISS Navy Task Force Interstellar Starbase Syndicate	Posted - 2007.01.10 01:01:00 - [39] Originally by: Algey I do expect exact details on what I should have done, and since I'm incompetent or negligent and the stations were easily saved I look foward to being enlightened. You should have handed out Titans to all of ISSN.... err... yeah!
Hudsonn Minmatar FireTech Imperium Alliance	Posted - 2007.01.10 01:03:00 - [40] Originally by: DjDangle Originally by: Hudsonn Originally by: Gord Freeman After having failed to protect the interests of their shareholders, and effectively loosing untold billions of Isk because of their gross negligence in providing the highest possible standard of care for the assetts entrusted to them - I call on Count TaSessine and Serenity Steele to resign from their positions immediately. Furthermore, the head of the ISS Navy must be removed and replaced with a competent military commander. A temporary new management team must be installed and a full audit of all ISS financial records must occur immediately if there is to be any degree of trust or market confidence in their ISS leadership moving forward. For the sake of the newborn Eve public stock market, and shareholders across the galaxy - the leadership of ISS must be held accountable for this unacceptable lack of care. http://en.wikipedia.org/wiki/Fiduciary_duty Thoughts? That's taking a bit too serously. You know. Don't make me start throwing ClichT's at you. Ooooh I love Cliche's, they make me go all warm and fuzzy Oh, how about the one where someone say's "it's only a game!" And "everyone is out to have fun". Phwarrr!! --Imperium--

James Lyrus Lyrus Associates Interstellar Starbase Syndicate	Posted - 2007.01.10 01:16:00 - [41] Originally by: Algey Originally by: Gord Freeman After having failed to protect the interests of their shareholders, and effectively loosing untold billions of Isk because of their gross negligence in providing the highest possible standard of care for the assetts entrusted to them - I call on Count TaSessine and Serenity Steele to resign from their positions immediately. Furthermore, the head of the ISS Navy must be removed and replaced with a competent military commander. A temporary new management team must be installed and a full audit of all ISS financial records must occur immediately if there is to be any degree of trust or market confidence in their ISS leadership moving forward. For the sake of the newborn Eve public stock market, and shareholders across the galaxy - the leadership of ISS must be held accountable for this unacceptable lack of care. http://en.wikipedia.org/wiki/Fiduciary_duty Thoughts? Oh please explain to me how I could have defended against what hit us oh great and noble one. I look foward to the whole forum being enlightened by your insight into how I should have run the defensive campaign. I do expect exact details on what I should have done, and since I'm incompetent or negligent and the stations were easily saved I look foward to being enlightened. Well, first of all Algey, you should have been Oveur. I mean, that was your real mistake in life. I mean, not being a dev. Second, shoulda pressed whatever buttonything he's got under his desk for when he's _really_ ****ed off. Third. Actually, there's no third step, that'd have about done it.
Lygos Amarr ISS Navy Task Force Interstellar Starbase Syndicate	Posted - 2007.01.10 01:57:00 - [42] Dear OP, You will be happy to note that we have assembled a pre-committee to evaluate the feasibility and costs of launching such an inquiry. We have drafted a 48 point preliminary action plan which we will steadily implement over the period of 23 months. We will keep you updated of breathless developments. --- T2 Risk \| Corp Divisions
Belid Hagen The Graduates Interstellar Starbase Syndicate	Posted - 2007.01.10 02:03:00 - [43] ISS humor :P
Randay 0utbreak	Posted - 2007.01.10 02:16:00 - [44] What we have here is a failure to synergize mission-critical systems. If there was more thought put into transition impactful functionalities, then the implement viral supply-chains would not have maximize leading-edge infomediaries! What ISS needs to do is innovate back-end portals and reinvent collaborative partnerships, only then can they reintermediate rich e-markets!
Dr Slaughter ISS Navy Task Force Interstellar Starbase Syndicate	Posted - 2007.01.10 02:21:00 - [45] Originally by: Randay What we have here is a failure to synergize mission-critical systems. If there was more thought put into transition impactful functionalities, then the implement viral supply-chains would not have maximize leading-edge infomediaries! What ISS needs to do is innovate back-end portals and reinvent collaborative partnerships, only then can they reintermediate rich e-markets! lol... obviously a corporate speach writer in the making!
Dirtball Kemono.	Posted - 2007.01.10 02:41:00 - [46] Originally by: Resipsa Loquitor "Trust me - I'm a lawyer." You need to add something about graduating from the Ken Lay School outpost down in delve and how you know how to get around corporate laws. Say stuff like "If I cant get you off the hook we can fake your death". Sig removed, lacks Eve-related content. If you would like further details please mail [email protected] - Cortes
Archilies Elite United Corp Antigo Dominion	Posted - 2007.01.10 02:48:00 - [47] Out of curiosity. Lets say the shareholders voted the count and the other dude out. What would happen and would a vote that was successfull, actually have any impact? [i.e would they have to leave] Recruitment Thread
DiuxDium Casting Shadows	Posted - 2007.01.10 02:57:00 - [48] Originally by: Archilies Out of curiosity. Lets say the shareholders voted the count and the other dude out. What would happen and would a vote that was successfull, actually have any impact? [i.e would they have to leave] None voting shares. Also, no one else wants the job.
Murukan Minmatar The Priory Shroud Of Darkness	Posted - 2007.01.10 03:07:00 - [49] Using wikipedia as a base for your arguements is just stupid. That is like calling for the resignation of a politician for something you read in the tabloids. Manlove by Zaphod Jones
Plutoinum German Cyberdome Corp Veritas Immortalis	Posted - 2007.01.10 03:08:00 - [50] Tbh I doubt that ISS will survive this. At least not with their current business model. It depends on trust and investors. Guess it doesn't matter currently, who competent their leadership is. They have a large chunk of the universe against them and the pro-iss will think twice, if they invest any new money into ISS at least for the next months. Imho game-over. (I say think that without being an iss hater) CTD/con-loss vs. log-out. A proposal for a fix.

fugazii Forsaken Empire	Posted - 2007.01.10 04:12:00 - [51] Originally by: David H'Levi So wait... They protect billions of ISK in conquerable assets for 18 months. Then they get gang-banged by half of EVE, and you're calling them incompetant? Well, at least we can change leadership and launch of comprehensive audit *IN THE MIDDLE OF A WAR*. Do you think your suggestion will have any effect besides being the deathknell of all investor assets? i hardly say gangbang is the right word here,...considering they started the war, and initially brought in everyone(and thier mothers) to fight iac. i completely agree with the original poster. its completely imcompetant of iss to initiate agression in the first place. thier job is to ensure their investors make isk, not conquer space. whatever iac did to make iss start the war, doesnt matter. it should have been dealt with behind the scenes, not through war.
Benny Hill Caldari Deceased Inc	Posted - 2007.01.10 04:20:00 - [52] Originally by: Gord Freeman After having failed to protect the interests of their shareholders, and effectively loosing untold billions of Isk because of their gross negligence in providing the highest possible standard of care for the assetts entrusted to them - I call on Count TaSessine and Serenity Steele to resign from their positions immediately. Furthermore, the head of the ISS Navy must be removed and replaced with a competent military commander. A temporary new management team must be installed and a full audit of all ISS financial records must occur immediately if there is to be any degree of trust or market confidence in their ISS leadership moving forward. For the sake of the newborn Eve public stock market, and shareholders across the galaxy - the leadership of ISS must be held accountable for this unacceptable lack of care. http://en.wikipedia.org/wiki/Fiduciary_duty Thoughts? maybe you should have invested your isk into your one man corp?
Dano Sarum Umbra Congregatio Interstellar Alcohol Conglomerate	Posted - 2007.01.10 04:31:00 - [53] How exactly would the current leaders and the most experienced people ISS have resigning be a -good- thing? Despite recent events the ISS buisness model is pretty solid, if they were able to keep all of their members under control and do -exactly- what Count & Serenity wanted I'm sure that this current mess wouldn't be going on. Let things die down, quiet a bit and see where they go from there. Right now removing their leaders would be the worst thing anyone could do, do you really want lots of former ISS people applying to your corporations? ISS isn't the neutral low risk investment we all thought it would be. As much as I don't like ISS right the original vision was a good one, removing its leaders would just throw it into anarchy. ______ <Insert Sig Here>
patteSatan Celtic Anarchy Anarchy Empire	Posted - 2007.01.10 04:57:00 - [54] Originally by: fugazii Originally by: David H'Levi So wait... They protect billions of ISK in conquerable assets for 18 months. Then they get gang-banged by half of EVE, and you're calling them incompetant? Well, at least we can change leadership and launch of comprehensive audit *IN THE MIDDLE OF A WAR*. Do you think your suggestion will have any effect besides being the deathknell of all investor assets? i hardly say gangbang is the right word here,...considering they started the war, and initially brought in everyone(and thier mothers) to fight iac. i completely agree with the original poster. its completely imcompetant of iss to initiate agression in the first place. thier job is to ensure their investors make isk, not conquer space. whatever iac did to make iss start the war, doesnt matter. it should have been dealt with behind the scenes, not through war. See? It's not only me that thinks ISS started this mess.... On another note: changing leadership wont do any good, but letting the current leaders think about what they did wrong, and let them change that. I'm no fan at all of ISS, as I have been a victim of their backstabbings, and I left IAC because I wanted to get back at ISS (I wasnt permitted to shoot at ISS while in IAC, even after the damn zxic thing), but I do agree that ISS was a beautiful thing when it started, I think it grew too big too fast, too many loose cannons joined, and so on.
0August0 Gallente The Crucible	Posted - 2007.01.10 05:07:00 - [55] Originally by: fugazii i hardly say gangbang is the right word here,...considering they started the war, and initially brought in everyone(and thier mothers) to fight iac. i completely agree with the original poster. its completely imcompetant of iss to initiate agression in the first place. thier job is to ensure their investors make isk, not conquer space. whatever iac did to make iss start the war, doesnt matter. it should have been dealt with behind the scenes, not through war. But they didn't initiate hostilities, IAC did, and according to both sides, initiated them in a pretty big way by running rampant in both ISS station systems over a period of a few days, all the while their members were here on the forums gleefully talking about wiping out ISS. The important thing in my mind when judging the ISS response was the question of would have it have escalated beyond pew pew into the mess it is today if ISS hadn't called in outside reinforcements? Well I believe it would have. Before the arrival of MC the war was pretty much going IACs way and I think once they realized they could take the ISS stations on their own the opportunity would be impossible to pass up. However the quick and massive response from AAA tells me that IAC probably had a deal in place with them before the war started, so escalation was inevitable any way you look at it. It'll be interesting to see who they give the Tycho station to. Hey, maybe the anti-BoB coalition theory isn't as far fetched as it sounds! . . . Regards, August
chrisreeves Gallente Asgard Protectorate	Posted - 2007.01.10 05:09:00 - [56] Originally by: Randay What we have here is a failure to synergize mission-critical systems. If there was more thought put into transition impactful functionalities, then the implement viral supply-chains would not have maximize leading-edge infomediaries! What ISS needs to do is innovate back-end portals and reinvent collaborative partnerships, only then can they reintermediate rich e-markets! I must say, bravo!
Graalum Foundation R0ADKILL	Posted - 2007.01.10 06:01:00 - [57] Originally by: David H'Levi So wait... They protect billions of ISK in conquerable assets for 18 months. Then they get gang-banged by half of EVE, and you're calling them incompetant? Well, at least we can change leadership and launch of comprehensive audit *IN THE MIDDLE OF A WAR*. Do you think your suggestion will have any effect besides being the deathknell of all investor assets? Letting Lotka Volterra get involved was probably the most idiotic move ever. As soon as LV started shooting IAC is support of ISS, its "neutrality" was void and openly any enemy to most of eve.
Graalum Foundation R0ADKILL	Posted - 2007.01.10 06:04:00 - [58] Originally by: Ehrine Ashbark Edited by: Ehrine Ashbark on 09/01/2007 21:53:30 Originally by: Gord Freeman http://en.wikipedia.org/wiki/Fiduciary_duty Thoughts? Quote: A fiduciary duty is the highest standard of care imposed at either equity or law. A fiduciary is expected to be extremely loyal to the person to whom they owe the duty (the "principal"): they must not put their personal interests before the duty, and must not profit from their position as a fiduciary, unless the principal consents. The fiduciary relationship is highlighted by good faith, loyalty and trust, and the word itself originally comes from the Latin fides, meaning faith, and fiducia. So, according to that section on wikipedia, Count T and Serenity must not put personal interests before duty amdn must not profit from their position... So, staying up countless hours, spending as much time as possible trying to remedy an assault by a force massively outnumbering the ISS and spending billions of non-shareholder ISKs in defence, you're accusing Count T and Serenity of neglecting their Fiduciary Duty. I think you've missunderstood that wikipedia article, because from where I sit, they've done far more in attempt stop this then most others people would've have tried or managed. They failed their duty by blindness and greed. Their own choices brought ISS's demise.
Graalum Foundation R0ADKILL	Posted - 2007.01.10 06:06:00 - [59] Originally by: Hakera Edited by: Hakera on 09/01/2007 22:39:17 seriously though, sure there can be resignations, but what would that do really? This conflict was engineered to happen and in reality far beyond ISS control. I have some t2 tinfoil on market in rens, looks like you need some.
Graalum Foundation R0ADKILL	Posted - 2007.01.10 06:07:00 - [60] Originally by: Troubadour I believe the share holders assets were separate from the outposts. Meaning if you invested in ISS that is was separate then say if you invested in Marginis. besides, how long do you think this rag-tag allience of alliences will last before the infighting begins and ISS takes back the outposts 1 by 1. god people and their end-of world bull**** annoy me. Do you seriously think that a self proclaimed carebear allaince can retake an outpost against or the aggressors?



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