Yeah, I think, much like any owner, he will let his underlings run things to a point. I don't think he'll allow them to run things into the ground before sticking his nose in. He just doesn't strike me as that kinda dude. I definitely think that he's personally monitoring the Watson situation.
As an aside, I think people have forgotten that Fitterer said he's going to be in on EVERY deal, and he said it emphatically. What that means if Watson were to again become truly viable is anyone's guess. I do believe Tepper would have to give a nod to any deal involving Watson.