infolio

Chapter 19 - Ethan’s father finds another message

Graham’s special committee turned over something damaging to Ethan and helpful to everyone else.

A draft presentation on Ethan’s laptop.

Title:

Vale Entry Strategy — Distressed Pricing Scenario

One slide modeled:

10% valuation decline.

15%.

20%.

Cross ownership percentage under each scenario.

Another slide listed potential catalysts:

Client churn.

Press criticism.

Product vulnerability.

Insurance concerns.

No explicit crime.

Then speaker notes:

Three visible failures likely sufficient if timed closely.

And:

Avoid catastrophic event—goal is repricing, not destruction.

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That destroyed his claim that the conversations were merely abstract.

The sabotage was economically modeled.

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