Kennedy: why did you sign the agreement? later you regretted it; you’re not very objective witness

Why did you sign the agreement? Kennedy questions Toussaint in Banking

private Equity group came in & offered you and your partners a huge sum of money in the

millions and I think you took it and I think later you regretted it and you want it out of the

deal and I think that’s violates the freedom of a contract.

You are not objective! Kennedy questions Shierholz non-compete contract

I just don’t think you’re very objective, I don’t think you’re very objective witness. it’s been

my experience that most of these issues there are always two sides and no offense I enjoyed listening to you but I can tell from your breathless presentation that you just feel passionately about this and I respect that but I think you’re kind of blinded by your ideology, that’s just my point of view.

Kennedy questions Toussaint and Shierholz in Banking

https://www.facebook.com/HygoNewsUSA/videos/870696444909824

Kennedy: why did you sign the agreement? later you regretted it; you’re not very objective witness

Key Points

Why did you sign the agreement

• Kennedy questions Toussaint in Banking

private Equity group came in & offered you and your partners a huge sum of money in the

millions and I think you took it and I think later you regretted it and you want it out of the

deal and I think that’s violates the freedom of a contract

• Kennedy questions Shierholz non-compete contract

I just don’t think you’re very objective, I don’t think you’re very objective witness

• it’s been

my experience that most of these issues there are always two sides and no offense I enjoyed listening to you but I can tell from your breathless presentation that you just feel passionately about this and I respect that but I think you’re kind of blinded by your ideology, that’s just my point of view

Transcript Highlights

The following is transcribed from the video audio:

• How much did you personally gain from the sale to the private equity group
• I’m not allowed to disclose the details of the transaction, sir
• Because that is part of the transaction’s restrictive agreement, sir
• There was a lot of money, though, wasn’t it
• I do not believe it was worth my freedom, sir
• Because it was for the lack of a better term
• I was compelled to sign the agreement in order to fall in line with the group, sir
• Here’s why I think you signed the agreement
• I’ve seen these kind of transactions before
• I think the private equity group came in and offered you and your partners a huge sum of money in the millions

Full transcript: 760 words transcribed via Whisper AI.