Subject: | |
From: | |
Reply To: | Johnson, Tracy |
Date: | Mon, 23 Sep 2002 10:55:47 -0400 |
Content-Type: | text/plain |
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> -----Original Message-----
> From: Simpkins, Terry
> Sent: Monday, September 23, 2002 10:50 AM
> To: [log in to unmask]
> Subject: [HP3000-L] congress
>
>
> Elizabeth says: "....... were they merely nominal board
> members of companies that went belly up?"
>
> What is a "nominal board member"? Are they the ones who
> neglect their fudiciary responsibilities and let things get
> completely out of hand (and criminal?) like Enron? Are they
> the ones that allow outrageous compensation to executives for
> sub standard (really poor) performance (insert lots of names here)?
>
> Part of the problems we are currently seeing in the market
> place have been caused by boards of directors being "padded"
> with management "yes men" who fail to seriously question and
> challenge management.
>
> *****************************
> Terry W. Simpkins
> [log in to unmask]
> *****************************
He's absolutely right!
BT
NNNN
Tracy Johnson
MSI Schaevitz Sensors
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