Shouldn’t Paul Allen be ousted from Charter Cable?

Charter Communications hasn’t made a profit since it went public in 1999.  It has such terrible customer service that it has been sued multiple times for the way it ignored and screwed up customers’ cable service.  It is more than $20 billion in debt.  Despite all this and filing for bankruptcy, the company has the funds to pay its top executives $9 million.  Why is Paul Allen still allowed to have controlling voting interest in this company with this track record?

Article on Charter’s executive bonuses

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