CEOs

  • 29 Jan 2010 at 3:43 PM

Gunfight At Davos

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gunfight.JPGIt’s getting ugly in Davos. As we wrote previously, everybody is mad at everybody and the booze is missing, which is not helping people’s mood. (Except for Vikram, who, as a commenter noted, looks in the CNBC interview “like he’s sitting in the Zen garden of his dreams.”)

“Both the banks and the regulators think they hold all the cards,” said Harvard Economics Professor Kenneth Rogoff. “The bankers think that when the storm passes nothing will have changed and they can go back to business as usual. Regulators think banks have completely lost the political capital and are ignoring public opinion.”

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  • 28 Jan 2010 at 2:51 PM

Davos Attendees Pissed About Lack Of Free Booze

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winetastingman.jpgSo here’s what really’s pissing off Davos attendees. It’s not some bankers’ behind-the-door plotting. It’s not the endless convos about whether breaking up the banks is a good or a bad thing and it’s not how to help Haiti.
Nope. None of those trivialities. What people are really angry about is that this year -just like last – there won’t be a wine tasting, which has historically been the “highlight of the forum.”

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  • 21 Jan 2010 at 4:29 PM

Buffett Has The Answer

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“Make it so that the CEO of an institution that fails, or goes to the government and needs help, really gets destroyed financially.” He also “thanks the Lord for Bernanke” and says that “Geithner is terrific.”

  • 24 Jun 2008 at 1:11 PM

Sarbanes-Oxley: Fooling More Of The People More Of The Time

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While the costs of Sarbanes-Oxley continue to mount, the law’s defenders enjoy claiming that it has performed the vital job of restoring investor confidence in the wake of the corporate scandals. No doubt those defenders will be heartened by a new study that shows that 62 percent of corporate executives agree that the law strengthened public and investor trust in corporate America.
After the jump, find out what this isn’t such good news.

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  • 04 Jun 2008 at 3:09 PM

Prince, Cayne, Moz: You Have No Idea How Much This Is Killing Them

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You know who we’ve been too hard on lately? CEOs. We (me, you, all of us) haven’t walked a mile in any of their shoes and yet we sit here, day in and day out, looking at them, and judging them, and criticizing their every move. So they collectively lost zillions of dollars and thousands of of people’s jobs, so what? They’re still people. People. PEE-PULL. Not bots, people. And not just people, broken people. Heartbroken over what they’ve done, none of which has really been their fault. You see, being a CEO is hard. Being a failed CEO? Even harder. Take, for example, Jimmy Cayne. The man is already beating himself up for something that was really out of his control. For us to kick him when he’s down, to write things like “you go to hell Jimmy Cayne! you go to hell and die!” on his own portrait is a kind of immeasurable cruelty that should only be reserved for Michael Vick’s dogs, or Canadians. This is too upsetting to talk about. Take it away, Wall Street Journal columnist, Evan Newmark:

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