As so often, the representatives of major investment firms, the supposed 'Fiduciaries' for you and me, prefer to throw brickbats from the comfort of anonymity. So they cannot be held to account by their investors. Nearly as deplorable as the reaction of British Airways and IAG management to the disastrous blackout at BA a few days ago. How precious is Willie Walsh really? Should not behind every senior executive stand a qualified replacement that can do the job as well? At least that was the rule in the old German army with respect to their officers. Is it really too much to expect that senior management - lavishly 'compensated' as it is - is held to account?
(1-June-2017)
Last week, the SEC’s Office of the Investor Advocate – which is also known
as the “OIAD” – announced that it had delivered this 24-page report to
Congress ...
1 day ago
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