Quoted from RandomGuyOffCL:
Read the email from the post right after this quote...Phil was ok with DP draining the US funds as long as his name was off of it. Thoughts?
Phil recognized he ultimately did not have authority over DP, BV, the European entity. Only DP, USA, which has his name all over it. So over the entity with which he has formal responsibility, he said no. It doesn't mean he approves/disapproves over what DP, BV did with ITS funds (though I'm fairly sure he disapproved...), just that it was out of his sphere of control.
And he actually was actively pursuing getting DP, USA ALSO out of his sphere of control, but couldn't get DP, BV to take it over.
At least that's how I read it.
Post edited by Rick432: Edited to correct "DP, USA" should have been "DP, BV" at end of second paragraph. Now corrected.