The timing of the iTunes deal is particularly serendipitous for emi.
By his own admission in court, he didn't even conduct proper due diligence on emi's finances before submitting his offer.
“Verification is an awful idea,” says 21-year-old student and social media-ite emi Suzuki.
The unavoidable and ugly truth is that the lone driver behind Hands' emi purchase was his immense hero complex.
Warner Music Group was—and still is—interested in buying emi at the right price.
Since then, Hands has pretty much taken a scorched earth approach to emi.
The hubris Hands gained from his track record is what led him to emi.
"emi, our most recent investment, is a classic example," Hands once said.
So here's to hoping Hands loses his case, because the employees of emi deserve better than an openly contemptuous owner.
Less than two years after buying emi, Hands' investors forced him to resign as CEO of Terra Firma over anger at their losses.