Hello again. This commentator’s voice was temporarily “semi-silenced” in early October by a minor stroke. I was in New York City at a luncheon meeting when a tiny blood clot laid me low. Happy to report I expect full r... [more]
Category Archives: Accountability
NOT EASY BEING ON THE RECEIVING END OF GOVERNMENT RESCUE? AIG’S CEO IS IN THE HOT SEAT AND MEDIA, GOVERNMENT AND PUBLIC CRITICS KEEPING WATCH
Two months ago when the massive federal government’s bailout of large banks and financial service firms began, the largest flow of cash to a private company went to AIG (American International Group), the nation’s largest insu... [more]
ON THE AMERICAN FLAG – HONOR OR DISHONOR? DO POLITICAL PARTIES HANDLE FLAG-THINGS THE RIGHT WAY? WHAT ABOUT FLAG-ACCOUNTABILITY?
September 6, 2008 – It’s a Saturday, slow news day for the most part, and the cable guys and gals are a-chattering! Seems that when the Democrats left their huge love-in for their presidential candidates at Invesco Field in ... [more]
THIS AND THAT – NATIONAL PARKS AND TIMBER HARVESTING AND …LAND PRESERVATION – AND EXPLOITATION OF AMERICA’S NATURAL RESOURCES – THE CONTROVERSIES CONTINUE 100 YEARS AFTER “TR”
The Washington Post reports that “secret negotiations” that were going on between the US Forest Service and a publicly-traded company – Plum Creek Timber Company (NYSE: PCL) – would allow the company to use taxpayer-owned... [more]
IT’S A COMPLICATED WORLD FOR CORPORATE LEADERS, ISN’T IT?
Each day’s news flow across this commentator’s desk brings a series of news reports that point to the complicated world in which executives and boards make decisions – and which stakeholders and stockholders in some way rea... [more]
NOBODY ASKED ME, BUT – AN UPDATE – WHO WAS JIMMY CANNON? WHAT WERE THOSE NEWSPAPERS? WHAT DID HE SAY ABOUT ACCOUNTABILITY? AND SOME THOUGHTS ON NEW YORK’S GREATEST DAYS OF DAILY NEWSPAPER PUBLISHING…
My last column in this space (July 16) began with sports writer and social commentator Jimmy Cannon’s famous [column] phrase, “Nobody Asked Me, But…” So who was this guy, Jimmy Cannon, my younger colleagues asked? And ... [more]
NOBODY ASKED ME – BUT! COMMENTARY ON SCARY HEADLINES THAT POINT TO LACK OF BIG LEAGUE LEADERSHIP IN MANY OF AMERICA’S POWER CENTERS…
NOBODY ASKED ME, BUT! Does anyone recall the great sports writer and social commentator, Jimmy Cannon? What a writer – when I was a teenager I devoured his newspaper columns here in New York, and they were in part an inspira... [more]
COMMENTARY ON BANK FAILURE: THERE WENT INDYMAC – FDIC STEPS IN – WHERE ARE WE GOING WITH FANNIE AND FREDDIE – AND WHO KNOWS WHO ELSE WILL BE IN THE RESCUE LINE?
Summer 1929 – the warning signs were there and the smart money (think of investor Joseph Kennedy, father of the brothers John, Bobby and Teddy and the legendary Bernard Baruch, advisor to presidents) were moving to cash and off ... [more]
COMMENTARY ON DICK GRASSO’S PAY PACKAGE – AND EVERYONE MOVING ON … THE NEW YORK STOCK EXCHANGE — THE HOUSE THAT DICK BUILT — ALREADY HAS MOVED ON!
The stuff of Legends: The High Drama in the Canyons of Lower Manhattan seems to be coming to an end – the New York State Appellate Court ruled 3-to-1 this week that Richard Grasso, former high-wattage Chairman and CEO of the N... [more]
WHO IS TO BLAME FOR THE SUBPRIME DEBACLE? THEM …YOU … ME… ALL OF US. AND WE WILL ALL PAY THE PRICE IN THE MONTHS AHEAD.
Banking is a very complex business, highly regulated, very interconnected – and absolutely vital to the well-being of our nation, and every one of us. So when banking gets in trouble – look out! And much of the commercial ... [more]