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  "documentTitle": "Blackwells Capital | Activist Presentation Deck | 65 slides",
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  "notes": "Uses a news clipping as evidence of management's lack of internal capability.",
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      "text": "CNBC article: Peloton hires McKinsey to review cost structure",
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      "text": "Seemingly admitting the lack of internal capability, discipline and experience, Foley is looking to outsiders for answers. Hiring McKinsey is a clear declaration of failure. Even if McKinsey is able to develop a rescue plan, it is unclear that Mr. Foley is capable of executing it. The Company needs a new CEO, rather than consultants to rectify past errors.",
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