It sure looks that way. I'd argue he wants it to succeed but this is what happened. 1/ A few years back he looked at all the strategies available to him to run

It sure looks that way. I'd argue he wants it to succeed but this is what happened. 1/ A few years back he looked at all the strategies available to him to run the business. 2/ He found the one that screwed the most people and looked greediest. 3/ He chose that one.