Tag Archives: corporate governance

No, honey, it’s not about the money

The brouhaha over CNBC anchor Maria Bartiromo’s role in the ouster of Citigroup’s executive Todd Thomson, in my humble opinion, is not so much about the money. While there may be lingering (and uncomfortable) questions about her jetsetting lifestyle in what is now known as “Mariagate” in some quarters, of greater concern, I think, should… Read More »

Holiday hell in Bentonville

This season, all hell breaks loose for the world’s largest retailer. A one-and-a-half year old union-backed group called Wake Up Wal-Mart is embarking on a PR offensive to point out Wal-Mart’s misdeeds to the general public. These include cutting costs by lowering wages and diminishing benefits like health care, exploiting illegal immigrants, discouraging unhealthy people… Read More »

How to spend $375,000 on self-destruction

From The Register: Recovering stolen laptops from Italy – $9,668. Consulting an investigative reporter – $7,312. Having a spy scandal erase decades of hard work building up your reputation, while eroding your board of directors and forcing your CEO to testify in front of Congress – priceless. Or rather about $375,000. Even better, spend S$400,000… Read More »