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Cloak and Dagger Board Room

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Paul Kedrosky is in “flood the zone” mode on the Hewlett Packard spying revelations today, and his latest echoes what we said this morning.

This is less about board confidentiality than about executives' board control: And what better way to control your board than the constant Kafka-esque threat of a possible investigation hanging over your head?

Secretly hiring private spooks to spy on board members is probably a good way to possibly bring the board members under your control by using the information you gather—but it is not a good way to build good will among the people who are supposed to be overseeing the company and representing the interests of shareholders.
HP: Confidentiality vs. Control [Infectious Greed]