I run a medium size business, I have fiduciary responsibilities as others within my company, we also have the same fiduciary commitments to our customers, I have always assumed that we were talking about finances and loyality to those financial agreements/contracts.
You're absolutely correct, Danny. Fiduciary duty extends only to fiduciarires (often called agents) who control the money or property of principals (often called clients or beneficiaries). As you correctly pointed out, only agents of a firm/client can have fiduciary responsibilities to that firm/client.
What Whooter is trying to make people believe is that
uninterested third parties can have fiduciary duties to other
agents who have fiduciary responsibilities to
principals to which the uninterested party has no relationship. That's false and
utterly ridiculous.Keep in mind that Whooter claims his line of work to be
acquiring businesses, turning them around and selling them. He knows
full well that his description of fiduciary duty is false and anyone with any exposure to business law knows that (like you and me, Danny).
Also keep in mind, this was said at a time when one of the principals, HLA, was
going under financially, a perfect target for a man in Whooter's line of work. Then also don't forget that Whooter claimed a fiduciary duty in the possible deal between these two TTI firms, indicating he works directly for a principal. We know he didn't work for HLA, so that leaves AEG. Cut and dried.
Whooter's claims
now that he has
no connections to the TTI just don't make any sense to anyone with even a single working brain cell. Especially when he used to
brag about how
connected he was like when he claimed to
chair a statistical group to assess the safety of TBSs in Chicago which he then later claimed he was "never in Chicago," but of course his post bragging about it was linked to and quoted already. He also claimed to advise his colleagues "where the real money is, the TBS industry" (also quoted and linked in this thread). Let's also not forget that he claimed to have access to client
treatment records from HLA also and tried to
out the identity of another poster who went to HLA
by name and also claimed this boy's treatment records revealed "gay issues."
Where does a person with "no connection to the TTI"
get all this inside information, Danny? Whooter is just simply
so arrogant that he thinks people like you (Fornits posters) are just too stupid to put these pieces together, or that he can wiggle out of it by attacking those posters using multiple logins to rat pack them and try to impugn their credibility while never having to answer their allegations (you have seen him pull out a dozen or so sockpuppets recently to do just this). Worse for Whooter, it's all
in his own words. So he either was making up stories when he was bragging about his TTI connections and involvement then or he's lying about them now. Either way, it proves what everyone here already knows -
he's a complete fraud and phony.So, Danny, I know you haven't been here long enough to know all this documented history about Whooter, but I hope you can at least look at him with a critical eye, insofar as he is obviously lying about what constitutes a fiduciary duty and you, being a business owner,
know that he's lying. This is why he says "The easiest way to explain it is..." Because he knows the
honest way to explain it is the far
harder way and would destroy his persona he created for program damage control. Let's be real - if the explanation of this statement were so simple,
why has Whooter spent five years strictly avoiding it?Don't let him pull the wool over your eyes, Danny. He's not who he wants you to believe he is. And it has been proven beyond any shadow of a doubt time and time again, in his own words.
