Just returned to the forums after a 2-week hiatus. Are there any threads where Lauda explains the purpose of these recent changes to their forum account? Link please.
And after reviewing the past couple of pages that I needed to catch up on, I just want to state some unbiased input:
As defined by
Merriam Webster dictionary, escrow means
a deed, a bond, money, or a piece of property held in trust by a third party to be turned over to the grantee only upon fulfillment of a condition.
Based on the terms that were (irresponsibly) set and dictated by the board of NVO, it seems as if the services of the escrows involved were completed according to the terms that were established by the parties involved. The accusations brought forth in this thread are that the escrows were acting in their best interest to imply theft of a portion of the escrowed funds. However, to me (and I hope that it doesn't appear I'm taking sides), it appears that no terms of the original agreement were broken by the escrow(s).
Does that mean that they didn't profit from their holdings? No; I'm sure that they probably did. Is this morally wrong? That's for you to decide, but to me, a responsible escrow is one that fulfills the terms as brought forth upon them at the time the escrow is opened.
In this particular instance, I find most of the fault for this whole ordeal to be due to the shitty unthought terms that were established by NVO.
Anyways, my main reason for this post was to see if there is anyone that can point me to the reason for the changes in Lauda's account lol. Just thought I'd add some input, too.
Carry on.