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.

Thursday, August 13, 2009

Bank of America settles with the SEC about lying to shareholders on the Merrill acquisition

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http://online.wsj.com/article/SB124931920883302049.html#mod=testMod This is a link to the Wall Street Journal article. To sum up what the ...

CIT Group passed a poison pill. Seriously

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They're close to going bankrupt and they're protecting themselves against being bought up. I wasn't going to out the new board m...
Wednesday, July 15, 2009

MGIC Investment Corp makes their poison pill more protective for management

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This board has some chutzpah. After watching the stock fall from the mid $60s down to $3, you'd think they'd be embarrased or somet...
Tuesday, July 14, 2009

CIT Group - close to bankruptcy

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This one is interesting - the ratings firms got this one right (for a change), and three board members just resigned and were replaced by tw...
Friday, June 26, 2009

Nortel Liquidates - Somebody did worse than Alcatel Lucent

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I dont want to pass up this information before the web site goes down. They have (had) extensive bios that I copied but first I summarize th...
Tuesday, June 23, 2009

Three banks suspend TARP dividends and common dividends

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It's probably the right move if you're that strapped, but who is THAT strapped? Pacific Capital Bancorp(PCBC 3.39, +0.08, +2.42%) ...
Tuesday, May 19, 2009

Allstate also turns down TARP money

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F. Duane Ackerman (Age 66) Director since 1999 Chairman Emeritus of BellSouth Corporation, a communication services company, from December 2...
Monday, May 18, 2009

Ameriprise turns down government money - they ran the company well enough not to need it

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James M. Cracchiolo Mr. Cracchiolo has been Chairman and Chief Executive Officer of Ameriprise Financial since September 2005, when the comp...

Ford - the best run American Car Company (at least at the time I write this)

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Stephen G. Butler Age: 59—Director Since: 2004 Principal Occupation: Retired Chairman and Chief Executive Officer, KPMG, LLP Recent Business...

AIG's board

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Stephen F. Bollenbach Former Co-Chairman and Chief Executive Officer Hilton Hotels Corporation Dennis D. Dammerman Former Vice Chairman of t...

General Motors - who ran this ship into the ground?

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Erskine B. Bowles President, The University of North Carolina Director since 2005 John H. Bryan Retired Chairman and Chief Executive Officer...
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