> Judah wrote: > Consequently, I think that rules and regulations need to adapt to a > new reality where a much larger portion of companies are public or > expect to go public.
This is what's caused the rise of the private equity groups such as TPG, Bain Capital, Silverlake, Blackstone, et al Companies like Burger King, Toys 'r' US, Dunkin' Donuts, Bombardier have all been picked up by PEGs, refurbished, and then sent public (or will). For me one of the top issues is separating the CEO and the Chairman. There isn't enough oversight and board members are generally all too willing to keep their cozy board seat next to an underperforming CEO. So I see the problem as one of the board not representing the voice of the shareholders. Take a look at GM: Wagoner, Chairman & CEO Lutz, Vice-Chairman ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:274620 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
