You are currently browsing the daily archive for May 19, 2010.
According to Booz and Co, in their study of the 2500 largest global companies, the CEO turnover rate last year was 14.3%, although the percentage of CEOs forced out was lower, at just over 3%. The former % seems high, and the later low, in these times, though I suspect the real percentage forced out is higher than indicated. From: The Economist, online.
With 45,000 sq. miles of the Gulf of Mexico closed to fishing and the possibility that the Gulf will become a dead sea for a decade, and with the ecology and economies along the shores of the Gulf coast states threatened with devastation, isn’t it time to secure funds that may be needed for relief by freezing the U.S. assets of BP? BP clearly bears the ultimate blame for the oil rig disaster, even if fellow companies and federal watchdog agencies are implicated as accomplices. Will the executive branch, the Congress and the Supreme Court, act in the public interest, or will oil “interests” prevail. The test is before us, and the outcome is unsure. Speak up. Ask for answers and consequences.