Let's say you are an investor/shareholder in UDF, Chiquita, or one of Lindner's other holdings, and he's telling you each quarter/year that your dividends/profits will be alot smaller because he's taking that millions and putting it towards the Reds (and organization that you, as a shareholder, have no part with)?
This is PRECISELY why the IRS and SEC would be all over Lindner if he did try to pull this. Far too many fans think all Lindner has to do is pull profits out of Chiquita, and pull profits out of Great American Insurance, and pull profits out of Provident Bank, and that will pay for the huge payrolls. I have no accounts with Provident Bank, but if I did and I heard he was taking profits out of the institution where I have MY life savings, in order to pay some baseball player, you better believe I'd be contacting someone with the SEC.
I agree with what letsgojunior said in the other thread. Lindner needs to get more involved in the front office power struggles and put an end to the three ring circus we've got going on right now. He needs to get a REAL PR department that actually does something besides feeding mid-game injury reports to Marty and Joe in the radio booth.
Enjoyable read, Edskin. I look forward to more of these columns.