Silicon Valley business leaders have long served on each other’s boards, giving bright minds a way to share their collective wisdom and fostering a climate of corporate clubbiness that prizes personal networks as much as computer networks. But what happens when bad ideas seep into chummy boardrooms? An answer may be emerging as federal prosecutors and regulators dig deeper into a stock options scandal that has already forced dozens of companies across the country to wipe out more than $5 billion in profits.
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Posted on Tuesday, November 14th, 2006. Filed under: Employment, Law Misc
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Silicon Valley business leaders have long served on each other’s boards, giving bright minds a way to share their collective wisdom and fostering a climate of corporate clubbiness that prizes personal networks as much as computer networks. But what happens when bad ideas seep into chummy boardrooms? An answer may be emerging as federal prosecutors and regulators dig deeper into a stock options scandal that has already forced dozens of companies across the country to wipe out more than $5 billion in profits.
Popularity: 1% [?]
Posted on Tuesday, November 14th, 2006. Filed under: Business Law, Law Misc
You can
leave a response, or
trackback from your own site.
Rate This Post - Vote Now!
