Chapter 7 - THE BOARDROOM WAR
Margaret, Michael, Ashley, Price, and Jonathan Reed faced criminal charges.
But the company remained vulnerable.
The Carter board called an emergency session.
Several directors argued I should step aside because family scandal threatened stability.
Stability.
The same word used to control Emily.
I attended with Lena, federal monitors, and independent counsel.
Michael’s allies claimed the guardianship plan was designed to protect the unborn heir.
Then auditors showed payments.
Company money funded Price’s false report.
Security resources monitored Emily.
Foundation accounts paid attorneys.
Michael authorized data deletion.
Ashley routed money through event vendors.
Margaret used charitable donations to influence hospital administrators and trustees.
The company had not been separate from the abuse.
It was one of the tools.
I offered the board a choice.
Independent restructuring or federal receivership.
They chose restructuring.
Margaret’s voting rights were suspended.
Michael was removed.
Ashley lost trust authority.
The family foundation dissolved.
Employee representatives gained board seats.
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No Carter family member could hold unilateral control again.
The empire my relatives tried to preserve survived only by becoming less ours.
