"People who will suffer the most with a reverse split will be the management."
Your first sentence reminds me of the following story, about how different newspapers react to the same facts. The scene, a planet-killer asteroid is found to be heading straight toward earth:
London Times: Asteroid Headed to Earth, Planet to be Destroyed!
NY Times: Dow Crashes By Ninety Percent!
Washington Post: Asteroid to Strike Earth, Poor Blacks to Suffer Most