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)
Two weeks ago, Liz noted the SEC’s announcement that it is suing ISS in
federal court to compel compliance with an outstanding administrative
subpoena. The...
4 days ago
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