November 19, 2010
John Cassidy, in the New York Review of Books writes that on Wall Street, the Great Recession didn’t last very long. Having sustained losses of $42.6 billion in 2008, the securities industry generated $55 billion in profits in 2009, smashing the previous record, and it paid out $20.3 billion in bonuses. In the spring of […]
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November 18, 2010
If you are an officer or director of a corporation, you stand in a special or fiduciary relationship with both the shareholders and to the corporation itself. This relationship is special because you are placed in a position of trust. If you are a majority shareholder of your company, you have probably the most about […]
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