Many companies have what basically amounts to a board exchange where a high-ranking official from company A serves on the board of company B which has an offici

Many companies have what basically amounts to a board exchange where a high-ranking official from company A serves on the board of company B which has an official on company C's board and company C has an official on company A's board. In the end, it has the potential to be an "I'll scratch your back, you scratch mine" arrangement.