And we know what a risk factor that is. It produces the kinds of problems that we are seeing at AIG failures of integrity and financial reporting.
More Quotes from Nell Minow:
You'd think they'd be bending over backwards to make sure that anybody they brought in at this point was squeaky clean.Nell Minow
I was surprised. If they were just neglectful they would do a better job than this. It's beyond neglectful. It's a conflict of interest problem.
Nell Minow
You're supposed to tell the truth and be open and transparent and candid about your prospects -- not obfuscate.
Nell Minow
In the post-Enron era, we have seen reforms from just about everybody -- from the Congress, from the (Securities and Exchange Commission) and from the stock exchanges, ... Everybody has stepped up to the plate except for the Delaware courts.
Nell Minow
He is not the chairman of a public corporation. He doesn't create shareholder value. He is essentially a regulator, and he is running an unregulated monopoly in a way.
Nell Minow
It's a very serious concern that nobody's paying attention to.
Nell Minow
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