From the category archives:

In the News

Brazil Interview on CEO Pay

December 22, 2008

My interview with AE Investimentos in Brazil on the hot topic of CEO pay is carried in its December issue. Executive remuneration and the role it has played in promoting the excessive risks and leverage that helped give birth to the current economic crisis are placing boards and pay rewards under a microscope as never [...]

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In the New York Post

November 25, 2008

Our comments about Citigroup’s hapless board of directors made their way into the New York Post today in a piece by business journalist Paul Tharp. Some of the observations first made here at Finlay ON Governance were reflected in the Post’s editorial, as well. The Post’s story got quite a lift, appearing in the headline [...]

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Is Canada Getting Real with White-Collar Fraudsters?

January 29, 2008

I was interviewed by The Montreal Gazette yesterday in connection with the 12-year sentence handed down to Vincent Lacroix, the former head of Norbourg Asset Management. He was convicted of swindling more than 9,000 investors out of some $115 million over five years. It is one of the stiffest jail terms of its kind in [...]

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RIM’s Real Stock Option Problem: Maybe It’s Giving Out Too Many

November 24, 2007

When a board gets to the point where it feels it needs to have a widespread automatic stock sales program, maybe it’s a sign that it’s giving out way too many stock options to insiders I’ve been receiving a number of calls from the press regarding Research In Motion’s new automatic stock selling plan for [...]

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Watching The Wall Street Journal Watching Us

November 17, 2007

Finlay ON Governance made it into the WSJ’s online edition yesterday in connection with our post below about Goldman Sachs –or at least the flattering portrayal of that institution by The New York Times. The Rupert Murdoch effect is already showing. I was quoted in the New York Post a few days ago too. I [...]

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Outrage of the Week: The Crumbling Pillars of Public Confidence

November 9, 2007

Merck pays out nearly $5 billion to settle Vioxx claims, Yahoo incurs the wrath of legislators, and another poisoned child’s toy made in China is recalled. The growing credit market implosion threatens recession. These are the predictable consequences of the subprime leadership and ethics in our boardrooms and in our institutions of government over the [...]

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Quoted In Today’s New York Post on Citigroup

November 6, 2007

Finlay ON Governance made its way into the top business story in the New York Post today. I’m quoted by reporters Zachery Kouwe and Paul Tharp in connection with Citigroup’s handling of the events (and its staggering losses) that culminated in the resignation on Sunday of former CEO Charles O. Prince. Here’s an excerpt (complete [...]

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My Maria Bartiromo Moment

June 15, 2007

They say timing is everything. There was quite a response to my comments in the major AP report on executive compensation, which was picked up by hundreds of newspapers in dozens of countries. All kinds of journalists, academics and TV producers began contacting me and sending emails —a minor bombardment actually. Plain speaking about the [...]

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AP Survey Confirms CEO Pay Out of Control

June 9, 2007

There is a comprehensive report on CEO compensation prepared by Ellen Simon of Associated Press which appears in hundreds of newspapers around the world beginning today. The Los Angeles Times and the New York Times are running the report as well. I was interviewed for the piece a couple of weeks ago. The thoroughness of [...]

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