In Part II, we turn focus on an episode involving Ed Crane’s interactions with Cato’s Board of Directors and its fiduciary responsibilities.
“That kind of question is not appropriate for our dinner discussion this evening—save it for the board meeting tomorrow!” Ed Crane yelled at one of Cato’s newest board members, Nancy Pfotenhauer.
“How would you ever know anything about Cato’s policy priorities?!” he barked.
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