You are so right.  The only guideline for CEO and EX-board level members that i have heard and read is that MGMT is to show valid intentions to perform all matters in the best interests of shareholders!  That is a point that makes little follow thru as they cover by saying that everything they do is in the shareholders best interest???????.  There are takeaways about this situation however.  Which i would call the "Cat in the HAT!  Is it the Mad Hatter or the Mad Catter?  Put the Cat back in the hat and get your arm chewed off!