Threesome

  1. TMI
    “Now Emoting in the Corner Office: The Oversharing CEO,” The Wall Street Journal, May 2, 2018 A1.  Can CEOs disclose too much information about themselves in a quest for transparency?
  2. CFO pays the price
    “MetLife Finance Chief Hele Leaves Post,” The Wall Street Journal, May 2, 2018 B12. After the company failed to try hard enough (very hard? at all?) to find pensioners to whom it owed money, and had weaknesses in its financial controls, the company reduces the incentive pay of the CFO.  The CFO then leaves.  Connect the dots.
  3. Too much sharing
    “Goldman to Settle Foreign-Exchange Case,” The Wall Street Journal, May 2, 2018 B12.  Goldman’s foreign exchange traders shared the market positions of Goldman’s clients with “rivals.”  Goldman to pay fine of ~$110 million for failing to supervise properly.
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Filed under Accuracy, Communications, Compliance, Controls, Corporation, Duty, Duty of Care, Employees, Governance, Information, Internal controls, Oversight, Supervision, Value

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