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If Vince goes down for embezzlement and gets a ban on directorship then he's out unless he and Stephanie want to do time for trying to circumvent that ban. Could get the company delisted as well and all sorts of shit. Puppets don't work in these sort of circumstances and the SEC aren't stupid. Even head of creative would probably be treated as circumventing a ban. Right now, there's no ban in place, it's window dressing for Wall Street.
Vince might be batshit to try circumventing an actual ban but it won't work.
If say Vince pretends to step down after ban and is actually running shit - then there will be serious trouble because shit comes out.
WWE is a really strange company - Cornette described the IPO as a Ponzi scheme. Vince still owns the company and his voting block is ludicrous. If Vince remained as a janitor, he'd still be more important than Stephanie.
Didn't know all that. I stand corrected. Good to know.