"So Richard is an idea guy. Richard is a creative guy. But he's not on the board. I saw him three times face to face last year, and spoke to him twice on the telephone. In total, five times. The conversation is usually like, "Well, how are things going?" I say, "Great." He says, "Are you ever going to get that airline started or not?" and I say, "One of these days," He says, "Do you need anything and are you comfortable?" I say, "I'm great." He does not get involved in the financials or the governance. "
I find it a little hard to believe that Branson is funding 49% of the airline and the conversation goes like this. Branson didn't get rich by not giving a sh!+ about his money and investments. Reid must be practicing this lie in front of a mirror hoping our government will believe it and allow him to start this whole thing up. I actually feel better about Virgin USA after reading this. Fred Reid is an arrogant dumb a$$. Good luck with him as a CEO!