Posts filed under “Corporate Management”
If you missed the big Barron’s article (How Much Do Silicon Valley Firms Really Earn?) story this past weekend on Silicon Valley’s accounting, you should definitely check it out.
There has always been a element of bullshit in not expensing stock options, but this has now moved towards absurdity.
Compaore & Contrast
I have been writing critiques of Wal-Mart’s wages and employment policies for years (see “How Wal-Mart Became A Welfare Queen” and “Wal-Mart’s Minimum Wage Breakdown“). Today, I break with tradition and offer up some positive perspectives on the retail giant’s recent actions. A brief history of Wal-Mart and its enormous retail staff is telling. The…Read More
Richard Fuld, the former chief executive officer of Lehman Brothers, is the Shaggy of finance. On the cause of the financial crisis and the collapse of Lehman Brothers, his claim is, “It wasn’t me.” Seven years after he drove the 158-year old firm he ran with an iron fist into bankruptcy, he has reappeared to…Read More