Two other directors failed (for me) to live up to a previous success.
However, the directors failed to accompany the wave of economic development facing football in the 1980s.
If directors failed to satisfy their shareholders, it was not for a lack of effort.
Institutional investors have said that the directors were failing to treat the investigation seriously, in large part because of their close ties to management.
The players were wrongly seated, and an incompetent director had failed to notice this.
Boards, and especially directors who sit on audit committees, often fail to ask management tough questions.
Too many directors fail to see their role as an important public responsibility.
So why do the hugely paid managers and directors of these firms fail to?
I don't think I've ever seen another movie in which race horses were mistreated and the director failed to work up any indignation.
Whether the directors of his numerous companies failed in their fiduciary responsibilities has still to be addressed.