Comments on: CEOs Plundering Corporate Coffers

By: Taking What You Don’t Deserve, CEO Style » Curious Cat Management Improvement Blog

Thu, 08 Dec 2011 07:05:13 +0000

[...] they are suppose to be leading is a very sad commentary on our leaders. They act as though the corporation exists to enrich them, and their friends, personally: and all the other stakeholders are just leeches on the [...]

By: Maslow on Dealing with Authoritarians » Curious Cat Management Blog

Maslow on Dealing with Authoritarians » Curious Cat Management Blog — Mon, 08 Aug 2011 11:17:45 +0000

The following quote, from page 92, is quite dramatic and showed an understanding that some people (many CEOs) will just take what isn’t theirs, if others don’t stand up to them…

By: Executives Again Treating Corporate Treasuries as Their Money at Curious Cat Investing and Economics Blog

Sun, 03 Apr 2011 14:54:01 +0000

A huge problem with current practices at American companies is that senior executives believe they personally are due what the company earns. The repeated ethical lapses perpetrated by the senior executives and supported by their well paid board continues to undermine the economy of the country…

By: Curious Cat Management Improvement Blog » Warren Buffett’s 2010 Letter to Shareholders

Thu, 03 Mar 2011 12:46:23 +0000

[...] That wisdom applies to businesses as well. Bureaucratic procedures beget more bureaucracy, and imperial corporate palaces induce imperious behavior. (As one wag put it, “You know you’re no longer CEO when you get in the back seat of your car [...]

By: Curious Cat Management Improvement Blog » Worth Does Not Equal Wealth

Curious Cat Management Improvement Blog » Worth Does Not Equal Wealth — Thu, 11 Nov 2010 15:13:12 +0000

[...] Financial success is great (I am not one of those that sees wealth as a bad thing – even if the correlation to bad behavior can seem high, at times). Even in companies this is often done where those with higher salaries are seen as more [...]

By: Buffett Calls on Bank CEOs and Boards to be Held Responsible at Curious Cat Investing Blog

Sat, 27 Feb 2010 16:53:32 +0000

Buffett: “It is the behavior of these CEOs and directors that needs to be changed: If their institutions and the country are harmed by their recklessness, they should pay a heavy price “

By: Curious Cat Management Improvement Blog » No More Executive Bonuses!

Curious Cat Management Improvement Blog » No More Executive Bonuses! — Tue, 01 Dec 2009 00:44:58 +0000

“Don’t pay any bonuses. Nothing. This may sound extreme. But when you look at the way the compensation game is played – and the assumptions that are made by those who want to reform it – you can come to no other conclusion.”…

By: Small Banks Having Trouble Competing with Bailed Out Banks at Curious Cat Investing and Economics Blog

Tue, 20 Oct 2009 23:39:10 +0000

[...] example of how bad an idea corporate welfare is. Not only are those given the huge bailouts just looting those payments for their friends much of the rest was just forwarded onto other big financial institutions (that had made bad bets [...]

By: Curious Cat Management Improvement Blog » Big Failed Three, Meet the Successful Eight

Fri, 29 May 2009 00:28:37 +0000

[...] understand how to work with suppliers, how to stop the obsessive focus on quarterly profits, how to demand honorable behavior [not looting] from senior executives…), lead to their current [...]

By: Rich Americans Sue to Keep Evidence of Their Tax Evasion From the Justice Department at Curious Cat Investing and Economics Blog

Wed, 25 Feb 2009 23:44:04 +0000

I hope those that tried to steal from all the rest of us, and then tried to cover up their crimes, are thrown in jail at least as long as an average criminal that is young and poor that steals the amount they did…