"frankly it is better to wait and see how the situation evolves and the current sketchy facts become clearer..."
Absolutely. While it seems carzy at first glance, only a fool would not pause for more information. If Palmer was a politician who had never run a business or worked a day in his life, then nobody would take the slightest notice. But he has runs on the board, more than just about anyone else, so I'm waiting to see where this goes before I dismiss him that easily.