It is my belief that if we place you a position of public trust with all its honors and privileges we’re justified in holding you fully responsible. You break our trust and you go to jail. There will be no safety in D&O insurance. There are no plea bargains. Political connections won’t help. You can make a lot of money but break our trust and you’ll never enjoy that money. You know this before signing up and the justice system backs us up.
We do not define in advance what determines a breach of trust. We look at results. Whatever turns out to be a material cause for adverse results, as determined after the fact, will be considered a breach. It doesn’t matter whether an i- was dotted or a t- crossed on a regulatory document. You have adverse results, we dig in to find the cause, and it better not be you.