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Yeah, looking at the self-dealing going on with WeWork and Adam Neumann, it's not that.


Not sure what you mean here. They tried to IPO in 2019 and all the dirty laundry came out, scuttled the IPO and Neumann got ousted.


Ousted to the tune of millions and millions of dollars tho. Yeah he didn't get an IPO pop, but he's still worth more than you or I could make in several lifetime.


There's a difference between self-dealing you sell the board on and self-dealing you conceal from the board (also, different where its a pure for-profit where the self-dealing happens and where there is a non-profit involved, because the latter not only raises issues of conflict of interest with the firm, but also potential violations of the rules governing non-profits.)


The board knew and agreed to it in that case.




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