Quote:
Originally Posted by Osem
Anyway, Fred may not be the only major benefciary of rather forgiving boards of directors........
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He most certainly isn't. This is how boards have been treating incompetent CEOs for years - it's one if the things that's most wrong with big business in this country. Our FTSE-100 boardrooms are actually just a great big mutual appreciation society, with people holding an executive position on one board one and non-exec positions on a half-dozen others. They all know each other, and they all look out for each other.