EVE Search - eBank Resignation

Originally by: Ray McCormack
Divulge. I'd say you had an obligation to reveal any reasons for your resignation unless they were of a personal nature. If you feel eBank is no longer adhering to its principles, or cannot effectively continue, it's best you divulge that now.

Sorry, had a can not miss appointment that I'm recovering from but I'm back and can say that you are very right Ray. I told Hexxx last night that I've been remiss in my responsibility to divulge my concerns... and that was last night.

Here is the statement I had prepared:

LVV hit the nail on the head. Mis-communication and not enough team spirit.

My analysis, the board of directors is in an awkward position. They've placed Ricdic in an awkward position and how he's adapted to it has placed the board in an awkward position. Given this combination of factors, and the personalities involved, there is little board oversight over Ricdic's actions.

This is the fault of the board, the majority, as they've been far too inactive, too quiet, and basically uninvolved far too much. Ricdic has come to develop the habit of not seeking the board's counsel or reporting to the board because of that. However this has caused some serious events to take place.

Now, imho, the board has no ability to exercise any authority over Ricdic's actions. Whether it is from apathy, fear, or collusion I really don't know. All I do know is that the board almost barely knows what is going on except for after something has be done.

For my own sake, I tend to be a "wtf" kind of person. I'll see something, find out something, or be told something and I'm like "wtf?" Ricdic, himself, can sometimes be impetuous, defensive, and occasionally falls for his own hype. This means that the sparks between him and myself can be quite pronounced. We are very alike so we tend to slam our heads together quite hard.

But, to the question at hand, Ric believes that I'm resigning because of the nature of someone he recently hired to be part of eBank. I'm resigning because when I asked for accountability I was told to "keep in my place". I resigned because when I told Ricdic to not think to high of himself, that he was only first amongst equals, his replay was "Yeh, ok. Sure."

Thus I found myself totally in a position where the person with their hands on the incoming funds, a person who recently spent 175 billion without asking permission, pointedly looked me in the face and said, "And what can you do about it?"

The answer was nothing but resign.