It's considered an atrocity now. Unless he says he'll take care of everyone, he won't get that.
More Quotes from Nell Minow:
It's a very serious concern that nobody's paying attention to.Nell Minow
You cannot be on the board of directors and also be doing investment banking work for the company. I don't care if he steps out of the room or not. You cannot be the umpire and the pitcher in the same game.
Nell Minow
They got the words right and the substance wrong, ... I'm very disappointed.
Nell Minow
I'm not saying that everyone has to agree with our grades, but the burden of proof should be on (the funds) to explain what they see in these companies that we don't.
Nell Minow
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.
Nell Minow
I think the change is significant -- and troubling. For one thing, it is in addition to the other termination payments, which the first one was not. And it is larger, for no apparent reason. Are they expecting a change of control
Nell Minow
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