what does sugarman say about this? he says the board has vetted it, everything is independently valued, and it was impossible to avoid given his relationships in southern california. in the book, he wrote that disclosure does not make the transactions ok and it could be a sign of problems down the road. david: speaking of oversight, oaktree, the big investment firm, they've invested a lot of money in the bank itself and there is a relationship there some would see as questionable. zeke: yeah, so after oaktree invested, the bank lent money to oaktree and oak tree paid fees to subsidiaries of the bank for asset management services. since then, oaktree sold their whole stake. just to make this web a little more complicated, the president of poetry owns the best will team with peter guber, the father-in-law of the brother. more people that know each other. david: up next, is exxon liable for climate damages? the ongoing investigation and controversy. carol: ahead on bloomberg businessweek. ♪ ♪ david: welcome back to bloomb