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Posts tagged "corporate governance"

Mark Ames: Failing Up With Citigroup’s Dick Parsons

Last month, shareholders finally rebelled against Citigroup, the worst of the Too Big To Fail bailout disasters, by filing a lawsuit against outgoing chairman Dick Parsons and handful of executives for stuffing their pockets while running the bank into the ground. Anyone familiar with Dick Parsons’ past could have told you his term as Citigroup’s chairman...

Sequoia Fund Manager Campaigns Against Goldman Board Member, Former Fannie CEO Jim Johnson

A telling taboo in elite circles is the issue of corruption.

200 years of Vikram getting paid $1

An advisory vote, but still – Pandit’s pay pack only got 45 per cent shareholder approval in Dallas. US corporate governance on a roll lately (or is that diminished expectations?)....

Google Control

This is not the usual yada yada…– Google’s chief legal officer, in a footnote to the founders’ letter sent out with Google’s latest results. The company’s...

Inside a glass house at Morningstar…

Over the years, we’ve taken lots of companies (and their top executives) to task for things like over-use of the corporate jet, high-priced security services and even a taste for expensive maps. So if you saw one of us, for example, at a small executive airport about to board a Gulfstream V, it might make...

Inside a glass house at Morningstar…

Over the years, we’ve taken lots of companies (and their top executives) to task for things like over-use of the corporate jet, high-priced security services and even a taste for expensive maps. So if you saw one of us, for example, at a small executive airport about to board a Gulfstream V, it might make...

Quest Diagnostics wants your opinion — really…

We often call out companies and boards for turning a deaf ear to shareholders. We did it just a couple days ago when we footnoted NYSE Euronext (NYX), which is doing its best to avoid doing what most of its shareholders have asked it to do. Now comes the flip side — Quest Diagnostics (DGX)...

On the Continuing Oxymoron of Ethics at Harvard

There is so much crookedeness among our elites that it's hard to know, absent more systematic study, whether Harvard is playing a leading role in this decline. However, the glaring gap between Harvard president Drew Faust's talk on ethics and her recent actions has stuck with me and I've concluded it merits discussion.

Could it be… Ajit?

Now, it’s not as if we’ve ever done frivolous speculation here on FT Alphaville. Plus, possibly the successor mystery is overblown: everyone knows Warren Buffett’s...

Help Tim Cook

*COOK IN ‘ACTIVE DISCUSSIONS’ ABOUT WHAT TO DO WITH APPLE CASHCaption cash competition!Post yer thoughts on what to do below. Proposals to buy peripheral eurozone countries,...

Wynn’s Stock Wins, Universal Plunges

Steve Wynn’s break-up with his Japanese business partner, and largest shareholder of Wynn Resorts, is getting ugly, sending stocks of the two companies controlled by each player in opposite directions.

Nat Rothschild and the Bakries: It’s Complicated

The complicated history behind the latest bust-up over at Nat Rothschild’s Indonesian mining company Bumi PLC isn’t one for the fainthearted. Here’s an attempt to untangle it.