Corporate Governance

Good corporate governance - pointing out corporate directors who should and shouldn't be elected anywhere. This is my attempt to keep track of good people for board of directors and keep track of people who should be avoided.

Friday, September 01, 2006

 

xm board, part three

reposted from the old blog from August 10, 2006

Again, I'm sure this is just coincidence, or something, but...

Gary M. Parsons Chairman of the Board of Directors of XM Radio

Mr. Parsons was Chairman of the Board of Directors of Motient Corporation from March 1998 to May 2002.

http://www.isp-planet.com/news/2002/mtnt_020429.html
Bankrupcy court has approved a debt-for-equity swap with bondholders that will eliminate most of the value held by shareholders, leaving the company free to reopen on May 1, 2002.

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