corporate governance news from FierceFinance
NewsTaking aim at Delaware?
In the field of corporate governance, we live in interesting times. We're seeing some stunning moves to empower shareholders and hold directors more accountable. The Shareholder bill of rights is a... Read more...
Why institutions are lax on management
Excluding the Bank of America shareholder vote, are most institutional investors--the ones that cannot charge performance fees, anyway--unable to hold managements' feet to the fire? AllAboutAlpha... Read more...
Should Ken Lewis now resign as CEO?
How should the stunning news from Bank of America's shareholder meeting be interpreted? Ken Lewis was stripped of his chairman title, though he remains CEO and president. There are two ways to look... Read more...
Inside view of Lehman's collapse
Andrew Gowers, former editor of the Financial Times, took a job as head of communications at Lehman Brothers--and got an up-close view of the shocking collapse. He bares it in The Times. It's not a... Read more...
Goldman Sachs's board and the new era
The news that Goldman Sachs has just named Lakshmi Mittal--the corporate magnate and richest Asian on the planet--has prompted some praise from Breakingviews. The first... Read more...
Morgan Stanley board supports Mack as chairman
It's in vogue these days for boards to split the CEO and chairman jobs in the name of good corporate governance. You would think it would be an easy sell at Morgan... Read more...
O'Neal's future
I'm still not sure what to make of the Stanley O'Neal news. The surprising part is that the Merrill Lynch board was supposed to be in O'Neal's hip pocket. So I guess this is a good sign as far as... Read more...
CalPERS a model for other pensions
CalPERS, the California Public Employees' Retirement System, has been a trendsetter in many ways, in corporate... Read more...
ALSO NOTED: Hedge funds increasingly important to broker-dealers; Wachovia makes corporate governance moves; and much more...Company News: Former top dog at SEC forms a hedge fund
We've discussed at length the number of top executives quitting big firms to start up hedge funds. But a securities regulator? Specifically, former chairman of the
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