[PDF.22wf] Money for Nothing: How CEOs and Boards Enrich Themselves While Bankrupting America

Money for Nothing: How CEOs and Boards Enrich Themselves While Bankrupting America

[PDF.sm66] Money for Nothing: How CEOs and Boards Enrich Themselves While Bankrupting America

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 | #1311871 in eBooks |  2009-12-26 |  2010-01-12 | File type: PDF

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||0 of 0 people found the following review helpful.| Good book for board members|By J Risner|While it is weighted toward activist investing, the book is a good guide for new and current Directors. Money quote from Ralph Whitworth "It is ok to be liked, but I am not there to be likeable" - from memory so may not be word for word but you get the picture. Be prepared, challenge management constructively, and know that you represe|From Publishers Weekly|Gillespie, a former investment banker with Lehman Brothers, Morgan Stanley, and Bear Sterns; and Zweig, business consultant and Salon.com founder, blow the whistle on the insular, apathetic, and dangerously lackadaisical world of corporate

A Bank of America director questioned the CEO's $76 million pay package in a year when the bank was laying off 12,600 workers and found herself dropped from the board without notice a few months later.

According to their employment agreements -- approved by boards -- 96 percent of large company CEOs have guarantees that do not allow them to be fired "for cause" for unsatisfactory performance, which means they can walk away with huge payouts, and 49 percent c...

You easily download any file type for your gadget.Money for Nothing: How CEOs and Boards Enrich Themselves While Bankrupting America   |  John Gillespie, David Zweig. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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