Board Change Theodore Back house resignation: "His decision to resign follows the recent dilution of Deutsche Bank's holding in Crescent".
Deutsche Bank is not happy... from Jan 2010 their shareholding of 321M shares diluted from 52% to 30.55% (Jan 2011).
Anyone know whether 30.55% is enough for 2 board seats? If so, why then Theodore resigning? is it because DB has had enough and sold down?