Tag:

Mismanagement

Latest Headlines

Latest Headlines

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 at it: The obvious interpretation is that he was dealt a stinging rebuke for his mismanagement of th

For Fuld, the beating continues; employee sucker punches him in gym

Richard Fuld, CEO of Lehman Brothers, has taken some shots as of late. In one instance, it was literal; he was working out in the corporate gym, on the treadmill with a heart monitor on, when someone punched him, knocking him out. He took another beating before Congress, which took him to task for