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No doubt, but I think that only reinforces "gross mismanagement and active negligence", and again, the CEOs should be out as a result, for cause and therefore w
by ergonaught 4y ago
No doubt, but I think that only reinforces "gross mismanagement and active negligence", and again, the CEOs should be out as a result, for cause and therefore without their "my family and I are even more permanently wealthy" severance packages.
- yucky 4y agoYeah in theory, but the Board's let it happen so they really have themselves to blame. The Board's answer to the shareholders (again, in theory) and yet the composition of musical Board chairs never seems to be affected. So we just keep peeling away layers of the onion until we get to the abuses of proxy voting by large fund managers (e.g. Larry Fink of Blackrock), who unfortunately seem to be accountable to nobody.