I was on The Today Show this morning for my other job talking about the hundreds of millions of dollars paid to the CEOs of failed companies Lehman Brothers and Bear Stearns.
You can also see a piece about my speech last week to the International Corporate Governance Network, a quote from me in Al Hunt’s Letter from Washington column for the New York Times, and my (subdued!) comments on Terra Industries, which re-appointed directors who had been voted off the board.
“Marie Antoinette would be embarrassed by these guys,” says Nell Minow,
the irrepressible shareholder advocate and corporate-compensation
watchdog who is co-founder of the Maine-based Corporate Library. “They
have no clue as to how much they’ve devalued the brand of American
capitalism with this sense of entitlement, the arrogance; they
genuinely feel the world will come to an end if they don’t take