Tag Archives: scandal

Murdoch lawyered up, he should of manned up

It was evident from his televised testimony during a Parliament hearing that Rupert Murdoch had lawyered up. He should have manned up.
Murdoch Web 2_0.JPGIt’s one thing to say your underlings let you down and their underlings let them down.

But not once did the head of the powerful News Corp. organization accept responsibility for the phone hacking scandal.
My guess is that the best lawyers that money can buy told the media baron just how far he could go.
Apaprently, being a man was going too far.

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A millionaire’s tale: Cooking the books means prison

Former HealthSouth Corp. executive Aaron Beam will be at the University of Tennessee in Knoxville next week to talk about his role in one of the biggest corporate scandals of the past decade.

Beam, former co-founder and CFO of the Birmingham, Ala.-based healthcare company, will detail how cooking the books when the company’s earnings fell short landed him in federal prison.

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Is your CEO leaving or staying put?

For those of you keeping track, the CEO turnover rate is declining — a sure sign the nation’s top execs expect good things in 2011.

In November, 79 chief executives across the country resigned, retired or stepped aside for other reasons, the second straight month CEO departures declined and 16 percent fewer announced departures than November last year, according to a report by global outplacement firm Challenger, Gray & Christmas.

The declining CEO departure rate is an interesting statistic that could mean any number of things, but to me it says the economic recovery is gaining momentum.

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