HP3000-L Archives

September 2002, Week 4

HP3000-L@RAVEN.UTC.EDU

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From:
"Johnson, Tracy" <[log in to unmask]>
Reply To:
Johnson, Tracy
Date:
Mon, 23 Sep 2002 10:55:47 -0400
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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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