When stories such as these feature prominently in the very first days of the New Year one can only despair about the ineffectiveness of the Corporate Governance Crowd - be it in the Media, Academia, Politics or the Investment Community.
The CEO of Intel clears out most of his share holdings when supposedly he should already be aware of a security flaw in his flagship product.
Some (and I guess a large percentage) of British CEO's earn more in three days than the average worker.
Call it lack of moral fibre, lack of shame, failure of Capitalism or whatever, I go for the collective abrogation of responsibility by our fiduciaries in the Investment Industry, including useless free-riders in the so-called 'consulting world'.
Will 2018 be any better? I would not bet on it - but in the UK at least the wolf is at the door. Apres nous le deluge? seems to be the motto for many.
Over the course of just the past month, we have observed the SEC pivot to
an agenda that is particularly focused on capital raising matters. In just
the pa...
1 day ago
